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$434,992$434,992$945,000
Remaining term (yrs)19.319.330.0
Secondary amount$0$510,008$0
Funding fee$2,175$2,175$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.439%7.640%
1st payment$2,407.30$2,407.30$6,542.99
2nd payment$0.00$3,293.80$0.00
Taxes / mo$504.58$504.58$504.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$31.25$31.25$31.25
Total monthly$3,159.80$6,453.61$7,484.49
Cash to close$615,008$105,000$105,000