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$149,491$149,491$224,955
Remaining term (yrs)22.422.430.0
Secondary amount$0$75,464$0
Funding fee$747$747$0
Note rate4.370%4.370%7.320%
Blended rate4.370%5.923%7.560%
1st payment$868.81$868.81$1,545.28
2nd payment$0.00$565.98$0.00
Taxes / mo$550.58$550.58$550.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,569.40$2,135.38$2,290.86
Cash to close$100,459$24,995$24,995