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$139,809$139,809$260,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$121,101$0
Funding fee$699$699$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.664%7.640%
1st payment$825.62$825.62$1,806.49
2nd payment$0.00$807.34$0.00
Taxes / mo$241.58$241.58$241.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$16.67$16.67$16.67
Total monthly$1,233.88$2,041.22$2,266.92
Cash to close$150,091$28,990$28,990