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$348,934$348,934$720,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$371,066$0
Funding fee$1,745$1,745$0
Note rate2.940%2.940%7.400%
Blended rate2.940%5.419%7.640%
1st payment$1,686.27$1,686.27$4,985.13
2nd payment$0.00$2,396.47$0.00
Taxes / mo$446.08$446.08$446.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$4.17$4.17$4.17
Total monthly$2,353.19$4,749.66$5,796.05
Cash to close$451,066$80,000$80,000