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$381,707$381,707$828,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$446,293$0
Funding fee$1,909$1,909$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.431%7.640%
1st payment$1,788.62$1,788.62$5,732.90
2nd payment$0.00$2,882.31$0.00
Taxes / mo$766.67$766.67$766.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$165.60
HOA / mo$37.50$37.50$37.50
Total monthly$2,809.46$5,691.76$6,919.34
Cash to close$538,293$92,000$92,000