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$183,533$183,533$517,410
Remaining term (yrs)18.418.430.0
Secondary amount$0$333,877$0
Funding fee$918$918$0
Note rate3.690%3.690%7.320%
Blended rate3.690%6.310%7.560%
1st payment$1,138.42$1,138.42$3,554.25
2nd payment$0.00$2,156.29$0.00
Taxes / mo$188.33$188.33$188.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$62.00$62.00$62.00
Total monthly$1,555.42$3,711.71$4,074.73
Cash to close$391,367$57,490$57,490