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$214,520$214,520$575,999
Remaining term (yrs)21.521.530.0
Secondary amount$0$361,479$0
Funding fee$1,073$1,073$0
Note rate4.440%4.440%7.400%
Blended rate4.440%6.517%7.640%
1st payment$1,286.02$1,286.02$3,988.10
2nd payment$0.00$2,334.55$0.00
Taxes / mo$533.33$533.33$533.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,986.02$4,320.57$4,803.30
Cash to close$425,479$64,000$64,000