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$222,244$222,244$720,000
Remaining term (yrs)15.115.130.0
Secondary amount$0$497,756$0
Funding fee$1,111$1,111$0
Note rate3.400%3.400%7.400%
Blended rate3.400%6.407%7.640%
1st payment$1,558.06$1,558.06$4,985.13
2nd payment$0.00$3,214.67$0.00
Taxes / mo$455.58$455.58$455.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$58.00$58.00$58.00
Total monthly$2,288.31$5,502.99$5,859.38
Cash to close$577,756$80,000$80,000