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$372,664$372,664$1,255,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$882,836$0
Funding fee$1,863$1,863$0
Note rate3.310%3.310%7.400%
Blended rate3.310%6.432%7.640%
1st payment$1,885.58$1,885.58$8,692.83
2nd payment$0.00$5,701.65$0.00
Taxes / mo$1,162.50$1,162.50$1,162.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$251.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,264.74$8,966.40$10,323.10
Cash to close$1,022,336$139,500$139,500