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$544,780$544,780$598,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$53,720$0
Funding fee$2,724$2,724$0
Note rate2.850%2.850%7.400%
Blended rate2.850%3.402%7.640%
1st payment$2,570.67$2,570.67$4,143.89
2nd payment$0.00$402.90$0.00
Taxes / mo$554.17$554.17$554.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,291.51$3,694.41$4,984.43
Cash to close$120,220$66,500$66,500