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$143,540$143,540$350,910
Remaining term (yrs)20.120.130.0
Secondary amount$0$207,370$0
Funding fee$718$718$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.999%7.560%
1st payment$823.16$823.16$2,410.51
2nd payment$0.00$1,339.26$0.00
Taxes / mo$439.50$439.50$439.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,412.66$2,751.93$3,070.19
Cash to close$246,360$38,990$38,990