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$342,031$342,031$764,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$422,069$0
Funding fee$1,710$1,710$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.633%7.640%
1st payment$1,670.97$1,670.97$5,290.47
2nd payment$0.00$2,725.86$0.00
Taxes / mo$212.00$212.00$212.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,099.64$4,825.50$5,871.96
Cash to close$506,969$84,900$84,900