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$179,205$179,205$720,000
Remaining term (yrs)16.116.130.0
Secondary amount$0$540,795$0
Funding fee$896$896$0
Note rate3.400%3.400%7.320%
Blended rate3.400%6.667%7.560%
1st payment$1,197.40$1,197.40$4,945.90
2nd payment$0.00$3,492.64$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,080.73$5,573.37$5,973.23
Cash to close$620,795$80,000$80,000