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$356,844$356,844$877,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$520,656$0
Funding fee$1,784$1,784$0
Note rate2.840%2.840%7.400%
Blended rate2.840%5.753%7.640%
1st payment$1,655.09$1,655.09$6,075.63
2nd payment$0.00$3,362.57$0.00
Taxes / mo$999.47$999.47$999.47
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$8.25$8.25$8.25
Total monthly$2,879.47$6,242.04$7,475.52
Cash to close$618,156$97,500$97,500