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$409,601$409,601$899,999
Remaining term (yrs)23.723.730.0
Secondary amount$0$490,398$0
Funding fee$2,048$2,048$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.693%7.640%
1st payment$2,055.30$2,055.30$6,231.41
2nd payment$0.00$3,167.15$0.00
Taxes / mo$833.33$833.33$833.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$362.00$362.00$362.00
Total monthly$3,467.30$6,634.45$7,823.41
Cash to close$590,398$100,000$100,000