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$166,013$166,013$224,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$58,087$0
Funding fee$830$830$0
Note rate7.100%7.100%7.400%
Blended rate7.100%7.592%7.640%
1st payment$1,142.45$1,142.45$1,551.62
2nd payment$0.00$435.65$0.00
Taxes / mo$190.92$190.92$190.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$260.00$260.00$260.00
Total monthly$1,743.37$2,179.02$2,197.36
Cash to close$82,987$24,900$24,900