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$86,907$86,907$260,100
Remaining term (yrs)17.317.330.0
Secondary amount$0$173,193$0
Funding fee$435$435$0
Note rate4.530%4.530%7.320%
Blended rate4.530%6.841%7.560%
1st payment$601.96$601.96$1,786.71
2nd payment$0.00$1,154.62$0.00
Taxes / mo$103.25$103.25$103.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$0.00$0.00$0.00
Total monthly$855.21$2,009.82$2,091.98
Cash to close$202,093$28,900$28,900