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$109,580$109,580$305,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$196,330$0
Funding fee$548$548$0
Note rate4.120%4.120%7.320%
Blended rate4.120%6.610%7.560%
1st payment$660.45$660.45$2,101.39
2nd payment$0.00$1,308.86$0.00
Taxes / mo$111.33$111.33$111.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$54.58$54.58$54.58
Total monthly$976.37$2,285.23$2,478.48
Cash to close$230,320$33,990$33,990