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$180,654$180,654$598,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$417,756$0
Funding fee$903$903$0
Note rate3.020%3.020%7.400%
Blended rate3.020%6.322%7.640%
1st payment$860.49$860.49$4,143.27
2nd payment$0.00$2,698.01$0.00
Taxes / mo$273.50$273.50$273.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,300.65$3,998.66$4,703.12
Cash to close$484,246$66,490$66,490