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$363,641$363,641$571,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$207,859$0
Funding fee$1,818$1,818$0
Note rate3.330%3.330%7.400%
Blended rate3.330%4.938%7.640%
1st payment$1,791.32$1,791.32$3,956.95
2nd payment$0.00$1,342.42$0.00
Taxes / mo$529.17$529.17$529.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$350.00$350.00$350.00
Total monthly$2,837.16$4,179.58$5,117.08
Cash to close$271,359$63,500$63,500