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$314,351$314,351$602,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$288,559$0
Funding fee$1,572$1,572$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.138%7.640%
1st payment$1,465.64$1,465.64$4,174.43
2nd payment$0.00$1,863.61$0.00
Taxes / mo$186.25$186.25$186.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.58
HOA / mo$5.00$5.00$5.00
Total monthly$1,823.55$3,687.17$4,652.93
Cash to close$355,549$66,990$66,990