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$175,821$175,821$333,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$157,179$0
Funding fee$879$879$0
Note rate2.990%2.990%7.320%
Blended rate2.990%5.355%7.560%
1st payment$856.24$856.24$2,287.48
2nd payment$0.00$1,047.86$0.00
Taxes / mo$181.83$181.83$181.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,188.07$2,235.93$2,685.91
Cash to close$194,179$37,000$37,000