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$161,370$161,370$427,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$266,130$0
Funding fee$807$807$0
Note rate3.990%3.990%7.320%
Blended rate3.990%6.331%7.560%
1st payment$1,173.89$1,173.89$2,936.63
2nd payment$0.00$1,718.76$0.00
Taxes / mo$364.90$364.90$364.90
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$2.08$2.08$2.08
Total monthly$1,707.53$3,426.29$3,555.77
Cash to close$313,630$47,500$47,500