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$233,953$233,953$684,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$450,047$0
Funding fee$1,170$1,170$0
Note rate2.810%2.810%7.400%
Blended rate2.810%6.060%7.640%
1st payment$1,099.16$1,099.16$4,735.88
2nd payment$0.00$2,906.55$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$1,949.16$4,855.72$5,722.68
Cash to close$526,047$76,000$76,000