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$274,763$274,763$530,999
Remaining term (yrs)19.319.330.0
Secondary amount$0$256,236$0
Funding fee$1,374$1,374$0
Note rate3.970%3.970%7.320%
Blended rate3.970%5.794%7.560%
1st payment$1,693.42$1,693.42$3,647.60
2nd payment$0.00$1,654.86$0.00
Taxes / mo$491.67$491.67$491.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$77.00$77.00$77.00
Total monthly$2,428.76$4,083.61$4,489.13
Cash to close$315,236$59,000$59,000