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$488,290$488,290$809,100
Remaining term (yrs)18.618.630.0
Secondary amount$0$320,810$0
Funding fee$2,441$2,441$0
Note rate4.050%4.050%7.400%
Blended rate4.050%5.517%7.640%
1st payment$3,100.95$3,100.95$5,602.04
2nd payment$0.00$2,071.90$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,066.79$6,138.69$6,729.70
Cash to close$410,710$89,900$89,900