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$393,135$393,135$719,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$325,965$0
Funding fee$1,966$1,966$0
Note rate5.700%5.700%7.320%
Blended rate5.700%6.629%7.560%
1st payment$2,418.84$2,418.84$4,939.72
2nd payment$0.00$2,105.19$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$500.00$500.00$500.00
Total monthly$3,801.34$5,906.53$6,466.04
Cash to close$405,865$79,900$79,900