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$326,254$326,254$495,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$168,746$0
Funding fee$1,631$1,631$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.619%7.560%
1st payment$1,561.19$1,561.19$3,400.31
2nd payment$0.00$1,124.97$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,186.19$3,311.17$4,124.31
Cash to close$223,746$55,000$55,000