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$280,242$280,242$1,169,100
Remaining term (yrs)18.318.330.0
Secondary amount$0$888,858$0
Funding fee$1,401$1,401$0
Note rate3.800%3.800%7.400%
Blended rate3.800%6.803%7.640%
1st payment$1,765.05$1,765.05$8,094.61
2nd payment$0.00$5,740.54$0.00
Taxes / mo$188.33$188.33$188.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,170.05$7,910.58$8,733.43
Cash to close$1,018,758$129,900$129,900