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$527,709$527,709$764,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$237,201$0
Funding fee$2,639$2,639$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.335%7.560%
1st payment$2,506.30$2,506.30$5,254.40
2nd payment$0.00$1,531.92$0.00
Taxes / mo$258.08$258.08$258.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$110.00$110.00$110.00
Total monthly$3,091.05$4,622.97$5,992.13
Cash to close$322,191$84,990$84,990