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$346,285$346,285$899,550
Remaining term (yrs)22.022.030.0
Secondary amount$0$553,265$0
Funding fee$1,731$1,731$0
Note rate4.650%4.650%7.320%
Blended rate4.650%6.557%7.560%
1st payment$2,088.33$2,088.33$6,179.28
2nd payment$0.00$3,573.17$0.00
Taxes / mo$179.58$179.58$179.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.91
HOA / mo$16.67$16.67$16.67
Total monthly$2,501.25$6,074.42$6,772.11
Cash to close$653,215$99,950$99,950