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$421,626$421,626$693,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$271,374$0
Funding fee$2,108$2,108$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.249%7.640%
1st payment$2,231.82$2,231.82$4,798.19
2nd payment$0.00$1,752.62$0.00
Taxes / mo$534.67$534.67$534.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,983.15$4,735.78$5,688.13
Cash to close$348,374$77,000$77,000