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$583,342$583,342$625,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$42,158$0
Funding fee$2,917$2,917$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.311%7.560%
1st payment$2,705.49$2,705.49$4,296.75
2nd payment$0.00$316.18$0.00
Taxes / mo$579.17$579.17$579.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.10
HOA / mo$238.00$238.00$238.00
Total monthly$3,689.33$4,005.51$5,405.68
Cash to close$111,658$69,500$69,500