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$141,934$141,934$260,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$118,976$0
Funding fee$710$710$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.405%7.640%
1st payment$710.55$710.55$1,806.49
2nd payment$0.00$793.17$0.00
Taxes / mo$45.92$45.92$45.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$906.47$1,699.64$2,054.59
Cash to close$147,966$28,990$28,990