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$440,927$440,927$1,318,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$877,573$0
Funding fee$2,205$2,205$0
Note rate2.690%2.690%7.400%
Blended rate2.690%6.058%7.640%
1st payment$2,064.41$2,064.41$9,129.03
2nd payment$0.00$5,667.66$0.00
Taxes / mo$557.42$557.42$557.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$263.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,838.49$8,506.15$10,166.81
Cash to close$1,024,073$146,500$146,500