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$161,649$161,649$274,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$112,851$0
Funding fee$808$808$0
Note rate4.350%4.350%7.400%
Blended rate4.350%5.851%7.640%
1st payment$935.67$935.67$1,900.58
2nd payment$0.00$752.34$0.00
Taxes / mo$254.17$254.17$254.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,339.83$2,092.17$2,359.65
Cash to close$143,351$30,500$30,500