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$196,458$196,458$319,410
Remaining term (yrs)21.721.730.0
Secondary amount$0$122,952$0
Funding fee$982$982$0
Note rate4.540%4.540%7.400%
Blended rate4.540%5.872%7.640%
1st payment$1,183.19$1,183.19$2,211.53
2nd payment$0.00$819.68$0.00
Taxes / mo$177.33$177.33$177.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.88
HOA / mo$38.00$38.00$38.00
Total monthly$1,548.53$2,368.21$2,640.75
Cash to close$158,442$35,490$35,490