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$95,841$95,841$2,160,000
Remaining term (yrs)5.45.430.0
Secondary amount$0$2,064,159$0
Funding fee$479$479$0
Note rate7.000%7.000%7.400%
Blended rate7.000%7.717%7.640%
1st payment$1,753.74$1,753.74$14,955.40
2nd payment$0.00$13,331.03$0.00
Taxes / mo$222.13$222.13$222.13
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$432.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,192.54$15,523.57$15,826.20
Cash to close$2,304,159$240,000$240,000