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$0$0$233,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$233,100$0
Funding fee$0$0$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.750%7.640%
1st payment$641.61$641.61$1,613.94
2nd payment$0.00$1,505.44$0.00
Taxes / mo$215.83$215.83$215.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,007.44$2,512.88$2,026.39
Cash to close$259,000$25,900$25,900