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$557,858$557,858$846,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$288,142$0
Funding fee$2,789$2,789$0
Note rate3.890%3.890%7.400%
Blended rate3.890%5.205%7.640%
1st payment$2,866.14$2,866.14$5,857.53
2nd payment$0.00$1,860.92$0.00
Taxes / mo$783.33$783.33$783.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$169.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,866.14$5,727.06$7,026.73
Cash to close$382,142$94,000$94,000