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$189,694$189,694$494,910
Remaining term (yrs)18.818.830.0
Secondary amount$0$305,216$0
Funding fee$948$948$0
Note rate3.980%3.980%7.320%
Blended rate3.980%6.305%7.560%
1st payment$1,190.66$1,190.66$3,399.69
2nd payment$0.00$1,971.19$0.00
Taxes / mo$701.33$701.33$701.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$17.00$17.00$17.00
Total monthly$2,075.66$4,046.85$4,383.67
Cash to close$360,206$54,990$54,990