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$5,187$5,187$405,000
Remaining term (yrs)0.90.930.0
Secondary amount$0$399,813$0
Funding fee$26$26$0
Note rate2.880%2.880%7.320%
Blended rate2.880%7.688%7.560%
1st payment$405.76$405.76$2,782.07
2nd payment$0.00$2,582.12$0.00
Taxes / mo$169.58$169.58$169.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$725.34$3,307.47$3,182.65
Cash to close$444,813$45,000$45,000