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$147,337$147,337$358,650
Remaining term (yrs)24.624.630.0
Secondary amount$0$211,313$0
Funding fee$737$737$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.873%7.640%
1st payment$717.28$717.28$2,483.22
2nd payment$0.00$1,364.73$0.00
Taxes / mo$103.42$103.42$103.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.73
HOA / mo$0.00$0.00$0.00
Total monthly$970.69$2,335.42$2,808.37
Cash to close$251,163$39,850$39,850