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$157,748$157,748$434,250
Remaining term (yrs)19.919.930.0
Secondary amount$0$276,502$0
Funding fee$789$789$0
Note rate3.430%3.430%7.400%
Blended rate3.430%6.181%7.640%
1st payment$909.21$909.21$3,006.66
2nd payment$0.00$1,785.74$0.00
Taxes / mo$131.33$131.33$131.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.85
HOA / mo$2.50$2.50$2.50
Total monthly$1,209.71$2,995.45$3,394.01
Cash to close$324,752$48,250$48,250