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$267,215$267,215$477,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$209,785$0
Funding fee$1,336$1,336$0
Note rate3.680%3.680%7.400%
Blended rate3.680%5.470%7.640%
1st payment$1,423.37$1,423.37$3,302.65
2nd payment$0.00$1,354.86$0.00
Taxes / mo$441.67$441.67$441.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,031.71$3,386.57$4,006.38
Cash to close$262,785$53,000$53,000