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$115,199$115,199$252,000
Remaining term (yrs)17.417.430.0
Secondary amount$0$136,801$0
Funding fee$576$576$0
Note rate4.410%4.410%7.320%
Blended rate4.410%6.359%7.560%
1st payment$788.17$788.17$1,731.07
2nd payment$0.00$912.01$0.00
Taxes / mo$195.75$195.75$195.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,133.92$2,045.92$2,127.22
Cash to close$164,801$28,000$28,000