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$88,998$88,998$300,600
Remaining term (yrs)12.812.830.0
Secondary amount$0$211,602$0
Funding fee$445$445$0
Note rate5.380%5.380%7.400%
Blended rate5.380%7.048%7.640%
1st payment$797.84$797.84$2,081.29
2nd payment$0.00$1,366.60$0.00
Taxes / mo$240.50$240.50$240.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.12
HOA / mo$312.00$312.00$312.00
Total monthly$1,500.34$2,866.94$2,843.91
Cash to close$245,002$33,400$33,400