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$306,815$306,815$602,100
Remaining term (yrs)21.221.230.0
Secondary amount$0$295,285$0
Funding fee$1,534$1,534$0
Note rate3.930%3.930%7.400%
Blended rate3.930%5.803%7.640%
1st payment$1,772.15$1,772.15$4,168.82
2nd payment$0.00$1,907.05$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$47.00$47.00$47.00
Total monthly$2,543.32$4,450.37$5,060.41
Cash to close$362,185$66,900$66,900