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$181,200$181,200$315,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$133,800$0
Funding fee$906$906$0
Note rate2.890%2.890%7.320%
Blended rate2.890%5.061%7.560%
1st payment$866.88$866.88$2,163.83
2nd payment$0.00$892.00$0.00
Taxes / mo$159.17$159.17$159.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$489.00$489.00$489.00
Total monthly$1,665.04$2,557.04$3,025.00
Cash to close$168,800$35,000$35,000