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$215,049$215,049$738,000
Remaining term (yrs)15.415.430.0
Secondary amount$0$522,951$0
Funding fee$1,075$1,075$0
Note rate2.770%2.770%7.400%
Blended rate2.770%6.299%7.640%
1st payment$1,417.31$1,417.31$5,109.76
2nd payment$0.00$3,377.39$0.00
Taxes / mo$198.67$198.67$198.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$147.60
HOA / mo$31.25$31.25$31.25
Total monthly$1,863.89$5,241.28$5,703.95
Cash to close$604,951$82,000$82,000