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$434,604$434,604$733,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$298,896$0
Funding fee$2,173$2,173$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.770%7.640%
1st payment$2,036.49$2,036.49$5,078.61
2nd payment$0.00$1,930.37$0.00
Taxes / mo$679.17$679.17$679.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,932.32$4,862.69$6,121.14
Cash to close$380,396$81,500$81,500