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$150,731$150,731$359,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$209,179$0
Funding fee$754$754$0
Note rate3.580%3.580%7.400%
Blended rate3.580%6.004%7.640%
1st payment$890.61$890.61$2,491.94
2nd payment$0.00$1,350.95$0.00
Taxes / mo$272.92$272.92$272.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$178.00$178.00$178.00
Total monthly$1,491.53$2,842.48$3,164.84
Cash to close$249,169$39,990$39,990