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$172,531$172,531$315,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$142,469$0
Funding fee$863$863$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.590%7.640%
1st payment$917.97$917.97$2,181.00
2nd payment$0.00$949.80$0.00
Taxes / mo$276.50$276.50$276.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$73.33$73.33$73.33
Total monthly$1,417.80$2,367.60$2,743.83
Cash to close$177,469$35,000$35,000