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$280,793$280,793$710,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$429,307$0
Funding fee$1,404$1,404$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.769%7.640%
1st payment$1,306.08$1,306.08$4,916.59
2nd payment$0.00$2,772.61$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,876.91$4,649.52$5,629.44
Cash to close$508,207$78,900$78,900