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$1,369,638$1,369,638$2,519,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$1,149,462$0
Funding fee$6,848$6,848$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.412%7.640%
1st payment$7,095.51$7,095.51$17,441.74
2nd payment$0.00$7,423.61$0.00
Taxes / mo$2,332.50$2,332.50$2,332.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$503.82
HOA / mo$36.00$36.00$36.00
Total monthly$9,680.67$17,104.28$20,530.73
Cash to close$1,429,362$279,900$279,900