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$96,194$96,194$193,500
Remaining term (yrs)21.221.230.0
Secondary amount$0$97,306$0
Funding fee$481$481$0
Note rate3.900%3.900%7.400%
Blended rate3.900%6.465%7.640%
1st payment$554.08$554.08$1,339.75
2nd payment$0.00$729.80$0.00
Taxes / mo$179.17$179.17$179.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$883.24$1,613.04$1,707.62
Cash to close$118,806$21,500$21,500