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$509,504$509,504$804,600
Remaining term (yrs)24.324.330.0
Secondary amount$0$295,096$0
Funding fee$2,548$2,548$0
Note rate2.720%2.720%7.320%
Blended rate2.720%4.565%7.560%
1st payment$2,381.71$2,381.71$5,527.04
2nd payment$0.00$1,905.83$0.00
Taxes / mo$688.67$688.67$688.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.92
HOA / mo$10.00$10.00$10.00
Total monthly$3,297.04$5,202.87$6,603.30
Cash to close$384,496$89,400$89,400