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$56,008$56,008$448,200
Remaining term (yrs)5.05.030.0
Secondary amount$0$392,192$0
Funding fee$280$280$0
Note rate6.920%6.920%7.400%
Blended rate6.920%7.646%7.640%
1st payment$1,077.02$1,077.02$3,103.25
2nd payment$0.00$2,532.91$0.00
Taxes / mo$415.00$415.00$415.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,658.69$4,191.59$3,774.55
Cash to close$441,992$49,800$49,800