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$322,507$322,507$530,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$208,403$0
Funding fee$1,613$1,613$0
Note rate3.940%3.940%7.400%
Blended rate3.940%5.436%7.640%
1st payment$1,864.50$1,864.50$3,675.91
2nd payment$0.00$1,345.94$0.00
Taxes / mo$615.67$615.67$615.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$180.00$180.00$180.00
Total monthly$2,826.84$4,172.77$4,744.43
Cash to close$267,393$58,990$58,990