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$357,301$357,301$1,105,200
Remaining term (yrs)24.124.130.0
Secondary amount$0$747,899$0
Funding fee$1,787$1,787$0
Note rate2.800%2.800%7.400%
Blended rate2.800%6.150%7.640%
1st payment$1,692.89$1,692.89$7,652.18
2nd payment$0.00$4,830.18$0.00
Taxes / mo$1,023.33$1,023.33$1,023.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$221.04
HOA / mo$338.00$338.00$338.00
Total monthly$3,270.89$8,101.06$9,451.22
Cash to close$870,699$122,800$122,800