Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$177,371$177,371$490,230
Remaining term (yrs)18.918.930.0
Secondary amount$0$312,859$0
Funding fee$887$887$0
Note rate3.910%3.910%7.320%
Blended rate3.910%6.361%7.560%
1st payment$1,100.32$1,100.32$3,367.54
2nd payment$0.00$2,020.55$0.00
Taxes / mo$174.33$174.33$174.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.05
HOA / mo$0.00$0.00$0.00
Total monthly$1,441.32$3,461.87$3,806.59
Cash to close$367,329$54,470$54,470