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$56,800$56,800$202,950
Remaining term (yrs)15.715.730.0
Secondary amount$0$146,150$0
Funding fee$284$284$0
Note rate3.800%3.800%7.320%
Blended rate3.800%6.825%7.560%
1st payment$398.31$398.31$1,394.13
2nd payment$0.00$974.33$0.00
Taxes / mo$187.92$187.92$187.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.59
HOA / mo$0.00$0.00$0.00
Total monthly$736.22$1,710.55$1,772.63
Cash to close$168,700$22,550$22,550