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$440,932$440,932$751,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$310,568$0
Funding fee$2,205$2,205$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.227%7.640%
1st payment$2,273.84$2,273.84$5,203.23
2nd payment$0.00$2,005.75$0.00
Taxes / mo$1,068.27$1,068.27$1,068.27
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.30
HOA / mo$88.33$88.33$88.33
Total monthly$3,647.10$5,652.85$6,726.80
Cash to close$394,068$83,500$83,500