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$144,892$144,892$341,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$197,018$0
Funding fee$724$724$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.830%7.640%
1st payment$676.54$676.54$2,367.32
2nd payment$0.00$1,313.46$0.00
Taxes / mo$124.92$124.92$124.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$951.46$2,264.92$2,710.61
Cash to close$235,008$37,990$37,990