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$107,947$107,947$242,910
Remaining term (yrs)15.915.930.0
Secondary amount$0$134,963$0
Funding fee$540$540$0
Note rate3.590%3.590%7.400%
Blended rate3.590%6.040%7.640%
1st payment$737.05$737.05$1,681.86
2nd payment$0.00$899.75$0.00
Taxes / mo$151.33$151.33$151.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,038.38$1,938.13$2,031.78
Cash to close$161,953$26,990$26,990