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$357,475$357,475$665,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$307,625$0
Funding fee$1,787$1,787$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.869%7.640%
1st payment$2,617.78$2,617.78$4,605.02
2nd payment$0.00$1,986.74$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,450.28$5,437.03$5,570.54
Cash to close$381,525$73,900$73,900