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$121,403$121,403$211,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$90,097$0
Funding fee$607$607$0
Note rate4.450%4.450%7.400%
Blended rate4.450%6.388%7.640%
1st payment$712.46$712.46$1,464.38
2nd payment$0.00$675.73$0.00
Taxes / mo$7.08$7.08$7.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$869.54$1,545.27$1,663.77
Cash to close$113,597$23,500$23,500