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$105,698$105,698$306,000
Remaining term (yrs)16.416.430.0
Secondary amount$0$200,302$0
Funding fee$528$528$0
Note rate3.350%3.350%7.400%
Blended rate3.350%6.230%7.640%
1st payment$695.61$695.61$2,118.68
2nd payment$0.00$1,293.62$0.00
Taxes / mo$159.00$159.00$159.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,004.61$2,298.23$2,488.88
Cash to close$234,302$34,000$34,000