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$168,768$168,768$353,250
Remaining term (yrs)18.618.630.0
Secondary amount$0$184,482$0
Funding fee$844$844$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.697%7.640%
1st payment$996.75$996.75$2,445.83
2nd payment$0.00$1,229.88$0.00
Taxes / mo$327.08$327.08$327.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.65
HOA / mo$10.00$10.00$10.00
Total monthly$1,483.84$2,713.72$3,003.56
Cash to close$223,732$39,250$39,250