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$37,153$37,153$539,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$502,757$0
Funding fee$186$186$0
Note rate2.880%2.880%7.400%
Blended rate2.880%7.415%7.640%
1st payment$182.84$182.84$3,738.23
2nd payment$0.00$3,246.97$0.00
Taxes / mo$499.92$499.92$499.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$849.43$4,096.40$4,512.79
Cash to close$562,747$59,990$59,990