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$58,605$58,605$126,000
Remaining term (yrs)21.721.730.0
Secondary amount$0$67,395$0
Funding fee$293$293$0
Note rate4.610%4.610%7.400%
Blended rate4.610%6.958%7.640%
1st payment$355.22$355.22$872.40
2nd payment$0.00$505.46$0.00
Taxes / mo$116.67$116.67$116.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$25.20
HOA / mo$0.00$0.00$0.00
Total monthly$621.89$1,127.35$1,164.27
Cash to close$81,395$14,000$14,000