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$110,881$110,881$391,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$280,619$0
Funding fee$554$554$0
Note rate3.460%3.460%7.400%
Blended rate3.460%6.535%7.640%
1st payment$638.95$638.95$2,710.67
2nd payment$0.00$1,812.33$0.00
Taxes / mo$150.83$150.83$150.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$220.00$220.00$220.00
Total monthly$1,159.78$2,972.11$3,309.80
Cash to close$324,119$43,500$43,500