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$478,283$478,283$864,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$385,717$0
Funding fee$2,391$2,391$0
Note rate2.740%2.740%7.320%
Blended rate2.740%4.977%7.560%
1st payment$2,235.28$2,235.28$5,935.08
2nd payment$0.00$2,491.09$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$0.00$0.00$0.00
Total monthly$3,251.95$5,743.04$7,124.55
Cash to close$481,717$96,000$96,000