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$137,988$137,988$208,800
Remaining term (yrs)19.919.930.0
Secondary amount$0$70,812$0
Funding fee$690$690$0
Note rate3.430%3.430%7.400%
Blended rate3.430%5.319%7.640%
1st payment$795.32$795.32$1,445.69
2nd payment$0.00$531.09$0.00
Taxes / mo$430.83$430.83$430.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.76
HOA / mo$0.00$0.00$0.00
Total monthly$1,376.15$1,907.24$2,068.28
Cash to close$94,012$23,200$23,200