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$230,096$230,096$566,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$336,004$0
Funding fee$1,150$1,150$0
Note rate3.620%3.620%7.400%
Blended rate3.620%6.071%7.640%
1st payment$1,210.07$1,210.07$3,919.56
2nd payment$0.00$2,170.02$0.00
Taxes / mo$129.75$129.75$129.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,506.49$3,676.51$4,329.20
Cash to close$398,904$62,900$62,900