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$185,226$185,226$432,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$246,774$0
Funding fee$926$926$0
Note rate3.810%3.810%7.320%
Blended rate3.810%6.061%7.560%
1st payment$1,119.66$1,119.66$2,967.54
2nd payment$0.00$1,593.75$0.00
Taxes / mo$400.00$400.00$400.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,686.33$3,280.08$3,620.61
Cash to close$294,774$48,000$48,000