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$189,753$189,753$359,991
Remaining term (yrs)23.923.930.0
Secondary amount$0$170,238$0
Funding fee$949$949$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.301%7.640%
1st payment$913.35$913.35$2,492.50
2nd payment$0.00$1,134.92$0.00
Taxes / mo$171.00$171.00$171.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,234.35$2,369.27$2,885.50
Cash to close$210,237$39,999$39,999