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$165,216$165,216$405,000
Remaining term (yrs)17.817.830.0
Secondary amount$0$239,784$0
Funding fee$826$826$0
Note rate4.140%4.140%7.400%
Blended rate4.140%6.277%7.640%
1st payment$1,089.63$1,089.63$2,804.14
2nd payment$0.00$1,548.60$0.00
Taxes / mo$254.33$254.33$254.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$1.08$1.08$1.08
Total monthly$1,495.04$3,043.64$3,290.55
Cash to close$284,784$45,000$45,000