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$416,425$416,425$674,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$258,485$0
Funding fee$2,082$2,082$0
Note rate3.280%3.280%7.400%
Blended rate3.280%4.992%7.640%
1st payment$2,100.44$2,100.44$4,672.94
2nd payment$0.00$1,669.38$0.00
Taxes / mo$807.33$807.33$807.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,124.43$4,793.82$5,831.92
Cash to close$333,475$74,990$74,990