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$275,832$275,832$530,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$255,078$0
Funding fee$1,379$1,379$0
Note rate4.030%4.030%7.320%
Blended rate4.030%5.817%7.560%
1st payment$1,425.46$1,425.46$3,646.98
2nd payment$0.00$1,647.38$0.00
Taxes / mo$324.67$324.67$324.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,916.79$3,564.17$4,244.50
Cash to close$314,068$58,990$58,990