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$176,468$176,468$675,000
Remaining term (yrs)15.115.130.0
Secondary amount$0$498,532$0
Funding fee$882$882$0
Note rate4.010%4.010%7.400%
Blended rate4.010%6.772%7.640%
1st payment$1,290.58$1,290.58$4,673.56
2nd payment$0.00$3,219.69$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,132.25$5,351.93$5,650.23
Cash to close$573,532$75,000$75,000