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$412,099$412,099$495,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$82,901$0
Funding fee$2,060$2,060$0
Note rate3.170%3.170%7.400%
Blended rate3.170%4.146%7.640%
1st payment$2,008.51$2,008.51$3,427.28
2nd payment$0.00$621.76$0.00
Taxes / mo$757.83$757.83$757.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$124.67$124.67$124.67
Total monthly$3,057.68$3,679.44$4,575.45
Cash to close$137,901$55,000$55,000