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$144,476$144,476$306,000
Remaining term (yrs)19.319.330.0
Secondary amount$0$161,524$0
Funding fee$722$722$0
Note rate3.940%3.940%7.320%
Blended rate3.940%6.083%7.560%
1st payment$888.17$888.17$2,102.01
2nd payment$0.00$1,076.83$0.00
Taxes / mo$269.17$269.17$269.17
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$1,307.33$2,384.16$2,582.37
Cash to close$195,524$34,000$34,000