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$177,660$177,660$301,410
Remaining term (yrs)23.423.430.0
Secondary amount$0$123,750$0
Funding fee$888$888$0
Note rate3.510%3.510%7.320%
Blended rate3.510%5.353%7.560%
1st payment$926.02$926.02$2,070.48
2nd payment$0.00$825.00$0.00
Taxes / mo$205.00$205.00$205.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,281.02$2,106.02$2,485.76
Cash to close$157,240$33,490$33,490