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$196,161$196,161$215,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$31,744$0
Funding fee$981$981$0
Note rate5.000%5.000%7.400%
Blended rate5.000%5.958%7.640%
1st payment$1,130.01$1,130.01$1,494.92
2nd payment$0.00$314.13$0.00
Taxes / mo$67.83$67.83$67.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,347.84$1,661.98$1,755.93
Cash to close$43,739$11,995$23,990