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$191,789$191,789$490,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$298,711$0
Funding fee$959$959$0
Note rate3.010%3.010%7.400%
Blended rate3.010%5.897%7.640%
1st payment$931.58$931.58$3,396.12
2nd payment$0.00$1,929.18$0.00
Taxes / mo$159.83$159.83$159.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,258.08$3,187.25$3,820.72
Cash to close$353,211$54,500$54,500