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$191,712$191,712$359,999
Remaining term (yrs)26.126.130.0
Secondary amount$0$168,287$0
Funding fee$959$959$0
Note rate6.020%6.020%7.320%
Blended rate6.020%6.946%7.560%
1st payment$1,212.40$1,212.40$2,472.94
2nd payment$0.00$1,121.92$0.00
Taxes / mo$127.58$127.58$127.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,489.99$2,611.90$2,822.53
Cash to close$208,287$40,000$40,000