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$145,601$145,601$220,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$74,809$0
Funding fee$728$728$0
Note rate3.080%3.080%7.400%
Blended rate3.080%5.089%7.640%
1st payment$702.79$702.79$1,526.07
2nd payment$0.00$561.07$0.00
Taxes / mo$185.50$185.50$185.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,038.29$1,599.35$1,905.66
Cash to close$99,299$24,490$24,490