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$327,463$327,463$480,600
Remaining term (yrs)23.723.730.0
Secondary amount$0$153,137$0
Funding fee$1,637$1,637$0
Note rate3.230%3.230%7.400%
Blended rate3.230%4.750%7.640%
1st payment$1,643.15$1,643.15$3,327.58
2nd payment$0.00$1,020.91$0.00
Taxes / mo$445.00$445.00$445.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,254.81$3,275.73$4,035.36
Cash to close$206,537$53,400$53,400