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$155,585$155,585$287,910
Remaining term (yrs)22.522.530.0
Secondary amount$0$132,325$0
Funding fee$778$778$0
Note rate4.060%4.060%7.400%
Blended rate4.060%5.871%7.640%
1st payment$875.91$875.91$1,993.43
2nd payment$0.00$882.17$0.00
Taxes / mo$266.58$266.58$266.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$25.00$25.00$25.00
Total monthly$1,317.50$2,199.66$2,492.60
Cash to close$164,315$31,990$31,990