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$173,979$173,979$585,000
Remaining term (yrs)12.812.830.0
Secondary amount$0$411,021$0
Funding fee$870$870$0
Note rate5.420%5.420%7.320%
Blended rate5.420%7.057%7.560%
1st payment$1,563.25$1,563.25$4,018.54
2nd payment$0.00$2,654.51$0.00
Taxes / mo$229.17$229.17$229.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$41.67$41.67$41.67
Total monthly$2,000.75$4,655.27$4,573.05
Cash to close$476,021$65,000$65,000