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$56,125$56,125$242,550
Remaining term (yrs)18.818.830.0
Secondary amount$0$186,425$0
Funding fee$281$281$0
Note rate4.000%4.000%7.400%
Blended rate4.000%7.074%7.640%
1st payment$352.87$352.87$1,679.37
2nd payment$0.00$1,242.83$0.00
Taxes / mo$343.58$343.58$343.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.51
HOA / mo$62.50$62.50$62.50
Total monthly$908.95$2,151.78$2,283.96
Cash to close$213,375$26,950$26,950