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$628,969$628,969$895,500
Remaining term (yrs)35.435.430.0
Secondary amount$0$266,531$0
Funding fee$3,145$3,145$0
Note rate3.210%3.210%7.400%
Blended rate3.210%4.561%7.640%
1st payment$2,475.89$2,475.89$6,200.26
2nd payment$0.00$1,721.35$0.00
Taxes / mo$1,167.08$1,167.08$1,167.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,859.64$5,580.99$7,763.11
Cash to close$366,031$99,500$99,500