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$536,438$536,438$765,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$228,562$0
Funding fee$2,682$2,682$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.454%7.640%
1st payment$2,580.90$2,580.90$5,296.71
2nd payment$0.00$1,476.13$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,505.90$4,982.02$6,374.71
Cash to close$313,562$85,000$85,000