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$199,218$199,218$382,410
Remaining term (yrs)20.220.230.0
Secondary amount$0$183,192$0
Funding fee$996$996$0
Note rate5.930%5.930%7.320%
Blended rate5.930%6.922%7.560%
1st payment$1,407.09$1,407.09$2,626.89
2nd payment$0.00$1,221.28$0.00
Taxes / mo$352.25$352.25$352.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,909.34$3,130.62$3,205.62
Cash to close$225,682$42,490$42,490