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$267,885$267,885$535,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$267,615$0
Funding fee$1,339$1,339$0
Note rate3.160%3.160%7.320%
Blended rate3.160%5.454%7.560%
1st payment$1,331.29$1,331.29$3,678.51
2nd payment$0.00$1,728.35$0.00
Taxes / mo$495.83$495.83$495.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,993.79$3,722.14$4,448.11
Cash to close$327,115$59,500$59,500