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$495,215$495,215$808,999
Remaining term (yrs)22.722.730.0
Secondary amount$0$313,785$0
Funding fee$2,476$2,476$0
Note rate3.930%3.930%7.400%
Blended rate3.930%5.412%7.640%
1st payment$2,740.72$2,740.72$5,601.35
2nd payment$0.00$2,026.53$0.00
Taxes / mo$830.00$830.00$830.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,787.38$5,813.91$6,809.81
Cash to close$403,673$89,889$89,889