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$366,632$366,632$715,500
Remaining term (yrs)18.318.330.0
Secondary amount$0$348,868$0
Funding fee$1,833$1,833$0
Note rate3.980%3.980%7.400%
Blended rate3.980%5.818%7.640%
1st payment$2,343.21$2,343.21$4,953.98
2nd payment$0.00$2,253.11$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.10
HOA / mo$1,277.00$1,277.00$1,277.00
Total monthly$4,499.38$6,752.49$7,253.24
Cash to close$428,368$79,500$79,500