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$576,832$576,832$899,997
Remaining term (yrs)23.723.730.0
Secondary amount$0$323,166$0
Funding fee$2,884$2,884$0
Note rate3.350%3.350%7.400%
Blended rate3.350%4.930%7.640%
1st payment$2,930.74$2,930.74$6,231.40
2nd payment$0.00$2,087.11$0.00
Taxes / mo$460.25$460.25$460.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$4.17$4.17$4.17
Total monthly$3,611.83$5,698.94$7,092.49
Cash to close$423,165$100,000$100,000