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$352,869$352,869$796,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$443,631$0
Funding fee$1,764$1,764$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.854%7.640%
1st payment$1,823.44$1,823.44$5,514.81
2nd payment$0.00$2,865.12$0.00
Taxes / mo$49.77$49.77$49.77
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$159.30
HOA / mo$154.00$154.00$154.00
Total monthly$2,243.88$5,109.00$6,094.54
Cash to close$532,131$88,500$88,500