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$144,504$144,504$474,750
Remaining term (yrs)23.423.430.0
Secondary amount$0$330,246$0
Funding fee$723$723$0
Note rate3.730%3.730%7.400%
Blended rate3.730%6.526%7.640%
1st payment$770.16$770.16$3,287.07
2nd payment$0.00$2,132.84$0.00
Taxes / mo$149.25$149.25$149.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.95
HOA / mo$0.00$0.00$0.00
Total monthly$1,086.07$3,218.91$3,697.94
Cash to close$382,996$52,750$52,750