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$552,542$552,542$674,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$121,558$0
Funding fee$2,763$2,763$0
Note rate2.940%2.940%7.400%
Blended rate2.940%3.852%7.640%
1st payment$2,614.84$2,614.84$4,667.33
2nd payment$0.00$810.39$0.00
Taxes / mo$624.17$624.17$624.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,455.68$4,266.06$5,642.99
Cash to close$196,458$74,900$74,900