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$689,525$689,525$1,395,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$705,475$0
Funding fee$3,448$3,448$0
Note rate2.800%2.800%7.320%
Blended rate2.800%5.303%7.560%
1st payment$3,274.83$3,274.83$9,582.68
2nd payment$0.00$4,556.19$0.00
Taxes / mo$613.48$613.48$613.48
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$279.00
HOA / mo$20.83$20.83$20.83
Total monthly$4,125.80$8,681.99$10,712.66
Cash to close$860,475$155,000$155,000