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$65,581$65,581$166,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$100,919$0
Funding fee$328$328$0
Note rate3.960%3.960%7.400%
Blended rate3.960%6.409%7.640%
1st payment$403.85$403.85$1,152.81
2nd payment$0.00$672.79$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$708.01$1,380.81$1,490.28
Cash to close$119,419$18,500$18,500