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$207,769$207,769$553,500
Remaining term (yrs)10.410.430.0
Secondary amount$0$345,731$0
Funding fee$1,039$1,039$0
Note rate2.620%2.620%7.400%
Blended rate2.620%5.824%7.640%
1st payment$1,887.95$1,887.95$3,832.32
2nd payment$0.00$2,232.84$0.00
Taxes / mo$512.50$512.50$512.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,567.12$4,799.96$4,622.19
Cash to close$407,231$61,500$61,500