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$154,956$154,956$395,910
Remaining term (yrs)17.917.930.0
Secondary amount$0$240,954$0
Funding fee$775$775$0
Note rate4.120%4.120%7.400%
Blended rate4.120%6.329%7.640%
1st payment$1,017.15$1,017.15$2,741.20
2nd payment$0.00$1,556.16$0.00
Taxes / mo$503.33$503.33$503.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$41.67$41.67$41.67
Total monthly$1,712.16$3,268.32$3,515.39
Cash to close$284,944$43,990$43,990