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$190,848$190,848$241,200
Remaining term (yrs)25.425.430.0
Secondary amount$0$50,352$0
Funding fee$954$954$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.688%7.640%
1st payment$948.86$948.86$1,670.02
2nd payment$0.00$377.64$0.00
Taxes / mo$184.33$184.33$184.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.24
HOA / mo$247.00$247.00$247.00
Total monthly$1,530.20$1,907.84$2,299.59
Cash to close$77,152$26,800$26,800