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$415,480$415,480$718,650
Remaining term (yrs)24.024.030.0
Secondary amount$0$303,170$0
Funding fee$2,077$2,077$0
Note rate2.890%2.890%7.400%
Blended rate2.890%4.940%7.640%
1st payment$1,992.42$1,992.42$4,975.79
2nd payment$0.00$1,957.98$0.00
Taxes / mo$266.00$266.00$266.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,475.09$4,433.06$5,602.18
Cash to close$383,020$79,850$79,850