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$565,481$565,481$720,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$154,519$0
Funding fee$2,827$2,827$0
Note rate2.830%2.830%7.320%
Blended rate2.830%3.940%7.560%
1st payment$2,668.83$2,668.83$4,945.90
2nd payment$0.00$1,030.12$0.00
Taxes / mo$659.67$659.67$659.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$58.00$58.00$58.00
Total monthly$3,603.16$4,633.28$6,024.23
Cash to close$234,519$80,000$80,000