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$319,215$319,215$990,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$670,785$0
Funding fee$1,596$1,596$0
Note rate2.720%2.720%7.400%
Blended rate2.720%6.128%7.640%
1st payment$1,495.79$1,495.79$6,854.56
2nd payment$0.00$4,332.15$0.00
Taxes / mo$916.67$916.67$916.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$153.00$153.00$153.00
Total monthly$2,782.13$7,114.28$8,338.89
Cash to close$780,785$110,000$110,000