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$194,628$194,628$292,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$97,872$0
Funding fee$973$973$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.307%7.640%
1st payment$957.17$957.17$2,025.21
2nd payment$0.00$734.04$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$43.00$43.00$43.00
Total monthly$1,421.01$2,155.05$2,547.54
Cash to close$130,372$32,500$32,500