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$315,119$315,119$576,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$260,881$0
Funding fee$1,576$1,576$0
Note rate2.960%2.960%7.320%
Blended rate2.960%5.129%7.560%
1st payment$1,491.14$1,491.14$3,956.72
2nd payment$0.00$1,684.86$0.00
Taxes / mo$17.42$17.42$17.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$169.00$169.00$169.00
Total monthly$1,844.23$3,529.08$4,425.00
Cash to close$324,881$64,000$64,000