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$178,948$178,948$696,600
Remaining term (yrs)24.024.030.0
Secondary amount$0$517,652$0
Funding fee$895$895$0
Note rate2.870%2.870%7.400%
Blended rate2.870%6.496%7.640%
1st payment$856.30$856.30$4,823.12
2nd payment$0.00$3,343.17$0.00
Taxes / mo$270.42$270.42$270.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.32
HOA / mo$29.17$29.17$29.17
Total monthly$1,372.56$4,715.73$5,478.69
Cash to close$595,052$77,400$77,400