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$623,411$623,411$1,125,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$501,589$0
Funding fee$3,117$3,117$0
Note rate3.640%3.640%7.320%
Blended rate3.640%5.472%7.560%
1st payment$3,314.94$3,314.94$7,727.97
2nd payment$0.00$3,239.43$0.00
Taxes / mo$1,041.67$1,041.67$1,041.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,573.28$7,812.71$9,211.30
Cash to close$626,589$125,000$125,000