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$303,090$303,090$719,910
Remaining term (yrs)19.019.030.0
Secondary amount$0$416,820$0
Funding fee$1,515$1,515$0
Note rate2.390%2.390%7.320%
Blended rate2.390%5.493%7.560%
1st payment$1,643.86$1,643.86$4,945.28
2nd payment$0.00$2,691.96$0.00
Taxes / mo$389.17$389.17$389.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,249.70$4,941.66$5,695.10
Cash to close$496,810$79,990$79,990