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$61,982$61,982$242,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$180,118$0
Funding fee$310$310$0
Note rate3.680%3.680%7.400%
Blended rate3.680%6.894%7.640%
1st payment$329.42$329.42$1,676.25
2nd payment$0.00$1,200.78$0.00
Taxes / mo$58.50$58.50$58.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$537.92$1,738.70$1,933.17
Cash to close$207,018$26,900$26,900