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$321,751$321,751$751,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$429,749$0
Funding fee$1,609$1,609$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.631%7.640%
1st payment$1,524.45$1,524.45$5,203.23
2nd payment$0.00$2,775.46$0.00
Taxes / mo$515.42$515.42$515.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$150.30
HOA / mo$57.33$57.33$57.33
Total monthly$2,313.86$5,089.32$6,142.95
Cash to close$513,249$83,500$83,500