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$344,833$344,833$697,410
Remaining term (yrs)10.410.430.0
Secondary amount$0$352,577$0
Funding fee$1,724$1,724$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.367%7.640%
1st payment$3,161.21$3,161.21$4,828.73
2nd payment$0.00$2,277.06$0.00
Taxes / mo$848.17$848.17$848.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.48
HOA / mo$0.00$0.00$0.00
Total monthly$4,226.05$6,503.11$6,033.04
Cash to close$430,067$77,490$77,490