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$341,850$341,850$607,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$265,650$0
Funding fee$1,709$1,709$0
Note rate3.990%3.990%7.400%
Blended rate3.990%5.634%7.640%
1st payment$1,898.77$1,898.77$4,206.21
2nd payment$0.00$1,715.65$0.00
Taxes / mo$9.67$9.67$9.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$47.08$47.08$47.08
Total monthly$2,122.19$3,837.84$4,551.12
Cash to close$333,150$67,500$67,500