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$89,587$89,587$163,800
Remaining term (yrs)23.123.130.0
Secondary amount$0$74,213$0
Funding fee$448$448$0
Note rate3.750%3.750%7.320%
Blended rate3.750%6.129%7.560%
1st payment$481.64$481.64$1,125.19
2nd payment$0.00$556.60$0.00
Taxes / mo$298.00$298.00$298.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.76
HOA / mo$0.00$0.00$0.00
Total monthly$929.64$1,486.24$1,605.95
Cash to close$92,413$18,200$18,200