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$85,808$85,808$315,000
Remaining term (yrs)16.116.130.0
Secondary amount$0$229,192$0
Funding fee$429$429$0
Note rate3.390%3.390%7.320%
Blended rate3.390%6.562%7.560%
1st payment$572.93$572.93$2,163.83
2nd payment$0.00$1,480.20$0.00
Taxes / mo$51.50$51.50$51.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$774.43$2,254.62$2,428.33
Cash to close$264,192$35,000$35,000