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$314,936$314,936$629,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$314,164$0
Funding fee$1,575$1,575$0
Note rate3.720%3.720%7.320%
Blended rate3.720%5.733%7.560%
1st payment$1,676.80$1,676.80$4,321.48
2nd payment$0.00$2,028.97$0.00
Taxes / mo$291.92$291.92$291.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$289.00$289.00$289.00
Total monthly$2,424.39$4,453.36$5,194.88
Cash to close$384,064$69,900$69,900