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$83,744$83,744$549,000
Remaining term (yrs)8.08.030.0
Secondary amount$0$465,256$0
Funding fee$419$419$0
Note rate3.600%3.600%7.400%
Blended rate3.600%7.117%7.640%
1st payment$987.57$987.57$3,801.17
2nd payment$0.00$3,004.78$0.00
Taxes / mo$291.55$291.55$291.55
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$10.00$10.00$10.00
Total monthly$1,455.78$4,460.56$4,379.18
Cash to close$526,256$61,000$61,000