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$626,084$626,084$795,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$169,516$0
Funding fee$3,130$3,130$0
Note rate2.750%2.750%7.400%
Blended rate2.750%3.869%7.640%
1st payment$2,861.77$2,861.77$5,508.57
2nd payment$0.00$1,130.11$0.00
Taxes / mo$736.67$736.67$736.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$159.12
HOA / mo$580.00$580.00$580.00
Total monthly$4,395.10$5,525.21$7,201.03
Cash to close$257,916$88,400$88,400