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$319,747$319,747$787,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$467,753$0
Funding fee$1,599$1,599$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.781%7.640%
1st payment$1,542.34$1,542.34$5,452.49
2nd payment$0.00$3,020.91$0.00
Taxes / mo$104.17$104.17$104.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,863.17$4,884.08$5,930.82
Cash to close$555,253$87,500$87,500