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$133,504$133,504$166,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$32,996$0
Funding fee$668$668$0
Note rate2.740%2.740%7.400%
Blended rate2.740%3.981%7.640%
1st payment$622.45$622.45$1,152.81
2nd payment$0.00$247.47$0.00
Taxes / mo$90.67$90.67$90.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$863.12$1,110.59$1,426.78
Cash to close$51,496$18,500$18,500