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$326,165$326,165$773,100
Remaining term (yrs)20.620.630.0
Secondary amount$0$446,935$0
Funding fee$1,631$1,631$0
Note rate3.940%3.940%7.320%
Blended rate3.940%6.143%7.560%
1st payment$1,919.55$1,919.55$5,310.66
2nd payment$0.00$2,886.45$0.00
Taxes / mo$477.92$477.92$477.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$154.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,614.13$5,500.59$6,159.86
Cash to close$532,835$85,900$85,900