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$306,602$306,602$1,260,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$953,398$0
Funding fee$1,533$1,533$0
Note rate2.780%2.780%7.320%
Blended rate2.780%6.541%7.560%
1st payment$1,442.61$1,442.61$8,655.33
2nd payment$0.00$6,157.36$0.00
Taxes / mo$698.17$698.17$698.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$252.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,357.44$8,514.81$9,822.16
Cash to close$1,093,398$140,000$140,000