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$446,927$446,927$585,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$138,073$0
Funding fee$2,235$2,235$0
Note rate3.070%3.070%7.320%
Blended rate3.070%4.234%7.560%
1st payment$2,121.63$2,121.63$4,018.54
2nd payment$0.00$920.49$0.00
Taxes / mo$276.67$276.67$276.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,564.96$3,485.45$4,578.88
Cash to close$203,073$65,000$65,000