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$1,352,670$1,352,670$3,145,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$1,792,830$0
Funding fee$6,763$6,763$0
Note rate3.090%3.090%7.320%
Blended rate3.090%5.746%7.560%
1st payment$6,435.48$6,435.48$21,607.40
2nd payment$0.00$11,578.70$0.00
Taxes / mo$2,912.50$2,912.50$2,912.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$629.10
HOA / mo$288.00$288.00$288.00
Total monthly$9,852.65$21,431.35$25,653.67
Cash to close$2,142,330$349,500$349,500