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$105,224$105,224$216,000
Remaining term (yrs)13.113.130.0
Secondary amount$0$110,776$0
Funding fee$526$526$0
Note rate3.700%3.700%7.320%
Blended rate3.700%5.905%7.560%
1st payment$838.21$838.21$1,483.77
2nd payment$0.00$738.50$0.00
Taxes / mo$205.08$205.08$205.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$44.00$44.00$44.00
Total monthly$1,237.29$1,975.80$1,926.05
Cash to close$134,776$24,000$24,000