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$84,733$84,733$215,910
Remaining term (yrs)9.09.030.0
Secondary amount$0$131,177$0
Funding fee$424$424$0
Note rate5.800%5.800%7.320%
Blended rate5.800%7.137%7.560%
1st payment$994.95$994.95$1,483.15
2nd payment$0.00$874.51$0.00
Taxes / mo$354.33$354.33$354.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$466.00$466.00$466.00
Total monthly$1,965.28$2,839.80$2,496.67
Cash to close$155,167$23,990$23,990