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$185,667$185,667$450,000
Remaining term (yrs)20.120.130.0
Secondary amount$0$264,333$0
Funding fee$928$928$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.984%7.640%
1st payment$1,064.74$1,064.74$3,115.71
2nd payment$0.00$1,707.15$0.00
Taxes / mo$153.42$153.42$153.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,384.83$3,091.98$3,525.79
Cash to close$314,333$50,000$50,000