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$759,069$759,069$945,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$185,931$0
Funding fee$3,795$3,795$0
Note rate3.250%3.250%7.320%
Blended rate3.250%4.185%7.560%
1st payment$3,652.08$3,652.08$6,491.49
2nd payment$0.00$1,239.54$0.00
Taxes / mo$403.17$403.17$403.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$189.00
HOA / mo$1,128.00$1,128.00$1,128.00
Total monthly$5,399.91$6,639.45$8,428.33
Cash to close$290,931$105,000$105,000