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$327,091$327,091$486,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$158,909$0
Funding fee$1,635$1,635$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.568%7.560%
1st payment$1,566.51$1,566.51$3,338.48
2nd payment$0.00$1,059.39$0.00
Taxes / mo$640.42$640.42$640.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$293.00$293.00$293.00
Total monthly$2,666.59$3,725.99$4,535.77
Cash to close$212,909$54,000$54,000