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$192,796$192,796$243,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$50,204$0
Funding fee$964$964$0
Note rate5.300%5.300%7.320%
Blended rate5.300%6.064%7.560%
1st payment$1,144.84$1,144.84$1,669.24
2nd payment$0.00$376.53$0.00
Taxes / mo$204.50$204.50$204.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,499.34$1,875.87$2,072.34
Cash to close$77,204$27,000$27,000