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$167,759$167,759$467,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$299,341$0
Funding fee$839$839$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.301%7.640%
1st payment$1,106.12$1,106.12$3,234.11
2nd payment$0.00$1,933.24$0.00
Taxes / mo$302.67$302.67$302.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.42
HOA / mo$82.67$82.67$82.67
Total monthly$1,658.12$3,591.37$3,879.53
Cash to close$351,241$51,900$51,900