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$585,945$585,945$854,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$268,155$0
Funding fee$2,930$2,930$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.306%7.640%
1st payment$2,735.46$2,735.46$5,913.62
2nd payment$0.00$1,731.84$0.00
Taxes / mo$790.83$790.83$790.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,742.96$5,474.79$7,091.94
Cash to close$363,055$94,900$94,900