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$125,785$125,785$314,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$188,315$0
Funding fee$629$629$0
Note rate3.260%3.260%7.400%
Blended rate3.260%6.102%7.640%
1st payment$633.14$633.14$2,174.76
2nd payment$0.00$1,255.43$0.00
Taxes / mo$188.83$188.83$188.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$971.97$2,227.41$2,576.42
Cash to close$223,215$34,900$34,900