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$353,006$353,006$809,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$456,094$0
Funding fee$1,765$1,765$0
Note rate2.600%2.600%7.400%
Blended rate2.600%5.503%7.640%
1st payment$1,628.68$1,628.68$5,602.04
2nd payment$0.00$2,945.61$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,594.51$5,540.12$6,729.70
Cash to close$545,994$89,900$89,900