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$172,171$172,171$247,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$75,329$0
Funding fee$861$861$0
Note rate3.230%3.230%7.400%
Blended rate3.230%4.986%7.640%
1st payment$865.94$865.94$1,713.64
2nd payment$0.00$564.97$0.00
Taxes / mo$309.33$309.33$309.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$41.00$41.00$41.00
Total monthly$1,366.27$1,931.24$2,263.47
Cash to close$102,829$27,500$27,500