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$230,336$230,336$688,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$458,164$0
Funding fee$1,152$1,152$0
Note rate3.570%3.570%7.400%
Blended rate3.570%6.352%7.640%
1st payment$1,348.01$1,348.01$4,767.03
2nd payment$0.00$2,958.98$0.00
Taxes / mo$112.94$112.94$112.94
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,677.62$4,636.59$5,234.34
Cash to close$534,664$76,500$76,500