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$332,031$332,031$485,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$153,069$0
Funding fee$1,660$1,660$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.701%7.640%
1st payment$1,653.54$1,653.54$3,358.73
2nd payment$0.00$1,020.46$0.00
Taxes / mo$452.17$452.17$452.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.02
HOA / mo$110.00$110.00$110.00
Total monthly$2,382.38$3,402.83$4,184.59
Cash to close$206,969$53,900$53,900