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$153,340$153,340$494,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$341,570$0
Funding fee$767$767$0
Note rate6.060%6.060%7.400%
Blended rate6.060%7.226%7.640%
1st payment$932.75$932.75$3,426.66
2nd payment$0.00$2,205.97$0.00
Taxes / mo$118.92$118.92$118.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,218.33$3,424.31$3,811.22
Cash to close$396,560$54,990$54,990