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$341,359$341,359$864,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$522,641$0
Funding fee$1,707$1,707$0
Note rate3.470%3.470%7.400%
Blended rate3.470%6.059%7.640%
1st payment$1,759.97$1,759.97$5,982.16
2nd payment$0.00$3,375.39$0.00
Taxes / mo$800.00$800.00$800.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$172.80
HOA / mo$195.00$195.00$195.00
Total monthly$2,971.64$6,347.03$7,366.63
Cash to close$618,641$96,000$96,000