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$480,579$480,579$719,100
Remaining term (yrs)22.422.430.0
Secondary amount$0$238,521$0
Funding fee$2,403$2,403$0
Note rate4.350%4.350%7.400%
Blended rate4.350%5.478%7.640%
1st payment$2,787.75$2,787.75$4,978.90
2nd payment$0.00$1,540.45$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.82
HOA / mo$348.00$348.00$348.00
Total monthly$4,018.25$5,558.69$6,353.22
Cash to close$318,421$79,900$79,900