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$142,127$142,127$283,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$141,283$0
Funding fee$711$711$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.543%7.640%
1st payment$687.50$687.50$1,962.27
2nd payment$0.00$941.89$0.00
Taxes / mo$174.42$174.42$174.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.68
HOA / mo$4.17$4.17$4.17
Total monthly$1,016.09$1,957.98$2,347.54
Cash to close$172,773$31,490$31,490