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$532,247$532,247$746,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$214,752$0
Funding fee$2,661$2,661$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.116%7.560%
1st payment$2,457.20$2,457.20$5,131.37
2nd payment$0.00$1,386.94$0.00
Taxes / mo$691.67$691.67$691.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,365.53$4,752.47$6,189.10
Cash to close$297,752$83,000$83,000