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$159,563$159,563$404,100
Remaining term (yrs)19.919.930.0
Secondary amount$0$244,537$0
Funding fee$798$798$0
Note rate3.430%3.430%7.400%
Blended rate3.430%6.044%7.640%
1st payment$919.67$919.67$2,797.91
2nd payment$0.00$1,579.30$0.00
Taxes / mo$154.25$154.25$154.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,223.92$2,803.22$3,182.98
Cash to close$289,437$44,900$44,900