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$688,033$688,033$819,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$130,967$0
Funding fee$3,440$3,440$0
Note rate2.660%2.660%7.400%
Blended rate2.660%3.514%7.640%
1st payment$3,187.57$3,187.57$5,670.59
2nd payment$0.00$873.11$0.00
Taxes / mo$758.33$758.33$758.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$163.80
HOA / mo$0.00$0.00$0.00
Total monthly$4,162.57$5,035.68$6,809.39
Cash to close$221,967$91,000$91,000