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$142,455$142,455$341,100
Remaining term (yrs)16.616.630.0
Secondary amount$0$198,645$0
Funding fee$712$712$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.100%7.560%
1st payment$934.11$934.11$2,343.12
2nd payment$0.00$1,324.30$0.00
Taxes / mo$252.75$252.75$252.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$81.00$81.00$81.00
Total monthly$1,417.86$2,742.16$2,895.09
Cash to close$236,545$37,900$37,900