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$666,625$666,625$890,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$223,475$0
Funding fee$3,333$3,333$0
Note rate2.790%2.790%7.400%
Blended rate2.790%4.035%7.640%
1st payment$3,088.88$3,088.88$6,162.87
2nd payment$0.00$1,443.28$0.00
Taxes / mo$824.17$824.17$824.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.02
HOA / mo$86.00$86.00$86.00
Total monthly$4,215.71$5,658.99$7,467.73
Cash to close$322,375$98,900$98,900