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$287,594$287,594$684,000
Remaining term (yrs)18.718.730.0
Secondary amount$0$396,406$0
Funding fee$1,438$1,438$0
Note rate2.690%2.690%7.400%
Blended rate2.690%5.622%7.640%
1st payment$1,623.38$1,623.38$4,735.88
2nd payment$0.00$2,560.12$0.00
Taxes / mo$633.33$633.33$633.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,473.38$5,033.50$5,722.68
Cash to close$472,406$76,000$76,000