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$410,898$410,898$764,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$353,202$0
Funding fee$2,054$2,054$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.373%7.640%
1st payment$2,088.14$2,088.14$5,290.47
2nd payment$0.00$2,281.10$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,012.31$5,293.41$6,367.46
Cash to close$438,102$84,900$84,900