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$321,609$321,609$1,034,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$712,491$0
Funding fee$1,608$1,608$0
Note rate2.990%2.990%7.400%
Blended rate2.990%6.270%7.640%
1st payment$1,589.03$1,589.03$7,159.90
2nd payment$0.00$4,601.51$0.00
Taxes / mo$258.83$258.83$258.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,064.53$6,666.04$7,842.22
Cash to close$827,391$114,900$114,900