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$200,152$200,152$342,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$141,848$0
Funding fee$1,001$1,001$0
Note rate4.410%4.410%7.320%
Blended rate4.410%5.899%7.560%
1st payment$1,167.66$1,167.66$2,349.30
2nd payment$0.00$945.65$0.00
Taxes / mo$292.08$292.08$292.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,609.74$2,555.39$2,859.79
Cash to close$179,848$38,000$38,000