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$95,336$95,336$229,410
Remaining term (yrs)18.018.030.0
Secondary amount$0$134,074$0
Funding fee$477$477$0
Note rate4.260%4.260%7.400%
Blended rate4.260%6.446%7.640%
1st payment$628.89$628.89$1,588.39
2nd payment$0.00$893.83$0.00
Taxes / mo$344.67$344.67$344.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.88
HOA / mo$5.42$5.42$5.42
Total monthly$1,128.98$2,022.81$2,134.36
Cash to close$159,564$25,490$25,490