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$192,073$192,073$787,500
Remaining term (yrs)15.915.930.0
Secondary amount$0$595,427$0
Funding fee$960$960$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.726%7.640%
1st payment$1,307.63$1,307.63$5,452.49
2nd payment$0.00$3,845.47$0.00
Taxes / mo$455.83$455.83$455.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,980.13$5,825.59$6,282.49
Cash to close$682,927$87,500$87,500