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$319,955$319,955$823,500
Remaining term (yrs)21.721.730.0
Secondary amount$0$503,545$0
Funding fee$1,600$1,600$0
Note rate4.600%4.600%7.400%
Blended rate4.600%6.526%7.640%
1st payment$1,937.57$1,937.57$5,701.75
2nd payment$0.00$3,252.06$0.00
Taxes / mo$320.42$320.42$320.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$164.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,474.65$5,726.71$6,403.53
Cash to close$595,045$91,500$91,500