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$375,037$375,037$629,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$254,962$0
Funding fee$1,875$1,875$0
Note rate2.730%2.730%7.320%
Blended rate2.730%4.762%7.560%
1st payment$1,750.84$1,750.84$4,327.66
2nd payment$0.00$1,646.63$0.00
Taxes / mo$382.75$382.75$382.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$11.25$11.25$11.25
Total monthly$2,311.51$3,958.14$5,014.32
Cash to close$324,962$70,000$70,000