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$533,002$533,002$854,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$321,098$0
Funding fee$2,665$2,665$0
Note rate3.340%3.340%7.320%
Blended rate3.340%4.998%7.560%
1st payment$2,699.08$2,699.08$5,867.07
2nd payment$0.00$2,073.76$0.00
Taxes / mo$790.83$790.83$790.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$92.00$92.00$92.00
Total monthly$3,798.58$5,872.34$7,137.39
Cash to close$415,998$94,900$94,900