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$188,209$188,209$386,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$197,891$0
Funding fee$941$941$0
Note rate6.350%6.350%7.400%
Blended rate6.350%7.196%7.640%
1st payment$1,197.03$1,197.03$2,673.28
2nd payment$0.00$1,319.27$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$400.00$400.00$400.00
Total monthly$2,104.53$3,423.80$3,658.00
Cash to close$240,791$42,900$42,900