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$131,759$131,759$405,000
Remaining term (yrs)16.416.430.0
Secondary amount$0$273,241$0
Funding fee$659$659$0
Note rate3.530%3.530%7.400%
Blended rate3.530%6.377%7.640%
1st payment$878.91$878.91$2,804.14
2nd payment$0.00$1,764.68$0.00
Taxes / mo$281.17$281.17$281.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,310.07$3,074.75$3,316.30
Cash to close$318,241$45,000$45,000