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$156,022$156,022$245,700
Remaining term (yrs)21.021.030.0
Secondary amount$0$89,678$0
Funding fee$780$780$0
Note rate3.830%3.830%7.400%
Blended rate3.830%5.717%7.640%
1st payment$897.45$897.45$1,701.18
2nd payment$0.00$672.58$0.00
Taxes / mo$293.67$293.67$293.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.14
HOA / mo$16.67$16.67$16.67
Total monthly$1,357.79$2,030.37$2,210.65
Cash to close$116,978$27,300$27,300