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$802,516$802,516$967,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$164,984$0
Funding fee$4,013$4,013$0
Note rate2.770%2.770%7.320%
Blended rate2.770%3.662%7.560%
1st payment$3,710.32$3,710.32$6,646.05
2nd payment$0.00$1,099.89$0.00
Taxes / mo$1,398.83$1,398.83$1,398.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$15.83$15.83$15.83
Total monthly$5,341.65$6,441.54$8,470.88
Cash to close$272,484$107,500$107,500