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$97,809$97,809$242,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$145,101$0
Funding fee$489$489$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.850%7.640%
1st payment$449.89$449.89$1,681.86
2nd payment$0.00$967.34$0.00
Taxes / mo$200.92$200.92$200.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$800.81$1,768.15$2,081.36
Cash to close$172,091$26,990$26,990