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$332,067$332,067$621,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$288,933$0
Funding fee$1,660$1,660$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.210%7.640%
1st payment$2,209.19$2,209.19$4,299.68
2nd payment$0.00$1,866.02$0.00
Taxes / mo$255.67$255.67$255.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.20
HOA / mo$2.50$2.50$2.50
Total monthly$2,634.02$4,500.04$4,848.71
Cash to close$357,933$69,000$69,000