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$188,353$188,353$337,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$149,147$0
Funding fee$942$942$0
Note rate3.900%3.900%7.320%
Blended rate3.900%5.712%7.560%
1st payment$1,098.80$1,098.80$2,318.39
2nd payment$0.00$994.31$0.00
Taxes / mo$238.75$238.75$238.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$61.00$61.00$61.00
Total monthly$1,548.55$2,542.86$2,835.64
Cash to close$186,647$37,500$37,500