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$563$563$197,910
Remaining term (yrs)0.00.030.0
Secondary amount$0$197,347$0
Funding fee$3$3$0
Note rate8.060%8.060%7.400%
Blended rate8.060%8.000%7.640%
1st payment$284.19$284.19$1,370.29
2nd payment$0.00$1,315.65$0.00
Taxes / mo$201.75$201.75$201.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.58
HOA / mo$0.00$0.00$0.00
Total monthly$635.94$1,951.58$1,761.62
Cash to close$219,337$21,990$21,990