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$425,676$425,676$579,382
Remaining term (yrs)25.225.230.0
Secondary amount$0$153,706$0
Funding fee$2,128$2,128$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.378%7.640%
1st payment$2,016.34$2,016.34$4,011.53
2nd payment$0.00$1,024.71$0.00
Taxes / mo$536.47$536.47$536.47
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.88
HOA / mo$94.00$94.00$94.00
Total monthly$2,813.47$3,838.18$4,924.53
Cash to close$218,082$64,376$64,376