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$556,596$556,596$1,350,000
Remaining term (yrs)18.218.230.0
Secondary amount$0$793,404$0
Funding fee$2,783$2,783$0
Note rate3.990%3.990%7.400%
Blended rate3.990%6.200%7.640%
1st payment$3,571.17$3,571.17$9,347.13
2nd payment$0.00$5,124.07$0.00
Taxes / mo$650.67$650.67$650.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$270.00
HOA / mo$385.67$385.67$385.67
Total monthly$4,824.17$9,948.24$10,870.13
Cash to close$943,404$150,000$150,000