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$128,066$128,066$321,210
Remaining term (yrs)16.916.930.0
Secondary amount$0$193,144$0
Funding fee$640$640$0
Note rate4.400%4.400%7.320%
Blended rate4.400%6.565%7.560%
1st payment$889.73$889.73$2,206.49
2nd payment$0.00$1,287.63$0.00
Taxes / mo$213.25$213.25$213.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.24
HOA / mo$234.00$234.00$234.00
Total monthly$1,486.98$2,774.61$2,867.98
Cash to close$228,834$35,690$35,690