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$178,685$178,685$382,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$203,815$0
Funding fee$893$893$0
Note rate3.880%3.880%7.320%
Blended rate3.880%5.942%7.560%
1st payment$1,029.92$1,029.92$2,627.51
2nd payment$0.00$1,316.31$0.00
Taxes / mo$91.67$91.67$91.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$60.00$60.00$60.00
Total monthly$1,331.59$2,647.90$3,005.68
Cash to close$246,315$42,500$42,500