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$181,620$181,620$269,550
Remaining term (yrs)25.325.330.0
Secondary amount$0$87,930$0
Funding fee$908$908$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.025%7.640%
1st payment$861.29$861.29$1,866.31
2nd payment$0.00$659.47$0.00
Taxes / mo$424.00$424.00$424.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,435.29$2,094.76$2,494.22
Cash to close$117,880$29,950$29,950