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$553,715$553,715$720,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$166,285$0
Funding fee$2,769$2,769$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.739%7.560%
1st payment$2,805.28$2,805.28$4,945.90
2nd payment$0.00$1,108.56$0.00
Taxes / mo$833.26$833.26$833.26
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$71.67$71.67$71.67
Total monthly$3,926.88$5,035.45$6,211.50
Cash to close$246,285$80,000$80,000