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$62,135$62,135$990,000
Remaining term (yrs)15.615.630.0
Secondary amount$0$927,865$0
Funding fee$311$311$0
Note rate3.950%3.950%7.400%
Blended rate3.950%7.512%7.640%
1st payment$442.08$442.08$6,854.56
2nd payment$0.00$5,992.46$0.00
Taxes / mo$50.25$50.25$50.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$0.00$0.00$0.00
Total monthly$709.00$6,701.46$7,319.48
Cash to close$1,037,865$110,000$110,000