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$441,303$441,303$540,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$98,697$0
Funding fee$2,207$2,207$0
Note rate3.230%3.230%7.400%
Blended rate3.230%4.285%7.640%
1st payment$2,199.11$2,199.11$3,738.85
2nd payment$0.00$740.22$0.00
Taxes / mo$338.25$338.25$338.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$105.00$105.00$105.00
Total monthly$2,809.03$3,549.25$4,456.77
Cash to close$158,697$60,000$60,000