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$257,579$257,579$548,100
Remaining term (yrs)19.619.630.0
Secondary amount$0$290,521$0
Funding fee$1,288$1,288$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.804%7.640%
1st payment$1,521.49$1,521.49$3,794.93
2nd payment$0.00$1,876.28$0.00
Taxes / mo$507.50$507.50$507.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.62
HOA / mo$110.00$110.00$110.00
Total monthly$2,305.66$4,181.94$4,688.72
Cash to close$351,421$60,900$60,900