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$439,705$439,705$1,169,999
Remaining term (yrs)16.416.430.0
Secondary amount$0$730,294$0
Funding fee$2,199$2,199$0
Note rate3.530%3.530%7.400%
Blended rate3.530%6.164%7.640%
1st payment$2,933.07$2,933.07$8,100.84
2nd payment$0.00$4,716.48$0.00
Taxes / mo$1,083.33$1,083.33$1,083.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$234.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,233.07$8,949.55$9,634.84
Cash to close$860,294$130,000$130,000