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$22,956$22,956$675,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$652,044$0
Funding fee$115$115$0
Note rate3.300%3.300%7.320%
Blended rate3.300%7.599%7.560%
1st payment$116.57$116.57$4,636.78
2nd payment$0.00$4,211.12$0.00
Taxes / mo$170.00$170.00$170.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$2.92$2.92$2.92
Total monthly$506.16$4,717.27$5,161.37
Cash to close$727,044$75,000$75,000