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$128,363$128,363$421,200
Remaining term (yrs)18.318.330.0
Secondary amount$0$292,837$0
Funding fee$642$642$0
Note rate3.930%3.930%7.320%
Blended rate3.930%6.586%7.560%
1st payment$817.07$817.07$2,893.35
2nd payment$0.00$1,891.24$0.00
Taxes / mo$204.33$204.33$204.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.24
HOA / mo$23.33$23.33$23.33
Total monthly$1,211.40$3,102.64$3,371.92
Cash to close$339,637$46,800$46,800