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$522,098$522,098$1,170,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$647,902$0
Funding fee$2,610$2,610$0
Note rate3.450%3.450%7.320%
Blended rate3.450%5.831%7.560%
1st payment$2,567.67$2,567.67$8,037.09
2nd payment$0.00$4,184.37$0.00
Taxes / mo$456.15$456.15$456.15
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$234.00
HOA / mo$32.08$32.08$32.08
Total monthly$3,272.56$7,456.93$8,975.98
Cash to close$777,902$130,000$130,000