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$519,055$519,055$922,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$403,445$0
Funding fee$2,595$2,595$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.982%7.640%
1st payment$2,461.35$2,461.35$6,387.20
2nd payment$0.00$2,605.58$0.00
Taxes / mo$854.17$854.17$854.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$184.50
HOA / mo$218.00$218.00$218.00
Total monthly$3,750.18$6,355.77$7,860.54
Cash to close$505,945$102,500$102,500