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$409,669$409,669$890,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$481,241$0
Funding fee$2,048$2,048$0
Note rate3.900%3.900%7.320%
Blended rate3.900%5.980%7.560%
1st payment$2,389.89$2,389.89$6,119.93
2nd payment$0.00$3,108.01$0.00
Taxes / mo$403.00$403.00$403.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,009.56$6,117.57$6,917.78
Cash to close$580,231$98,990$98,990