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$27,101$27,101$805,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$778,399$0
Funding fee$136$136$0
Note rate2.310%2.310%7.400%
Blended rate2.310%7.567%7.640%
1st payment$117.84$117.84$5,577.12
2nd payment$0.00$5,027.16$0.00
Taxes / mo$745.83$745.83$745.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.10
HOA / mo$308.00$308.00$308.00
Total monthly$1,388.34$6,415.51$7,008.72
Cash to close$867,899$89,500$89,500