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$52,234$52,234$135,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$82,766$0
Funding fee$261$261$0
Note rate3.480%3.480%7.400%
Blended rate3.480%6.864%7.640%
1st payment$302.40$302.40$934.71
2nd payment$0.00$620.75$0.00
Taxes / mo$156.00$156.00$156.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$27.00
HOA / mo$0.00$0.00$0.00
Total monthly$608.40$1,229.15$1,267.71
Cash to close$97,766$15,000$15,000