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$171,367$171,367$260,955
Remaining term (yrs)26.126.130.0
Secondary amount$0$89,588$0
Funding fee$857$857$0
Note rate6.920%6.920%7.320%
Blended rate6.920%7.634%7.560%
1st payment$1,181.29$1,181.29$1,792.58
2nd payment$0.00$671.91$0.00
Taxes / mo$675.17$675.17$675.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.19
HOA / mo$31.50$31.50$31.50
Total monthly$2,037.96$2,709.87$2,701.44
Cash to close$118,583$28,995$28,995