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$224,175$224,175$688,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$464,325$0
Funding fee$1,121$1,121$0
Note rate3.200%3.200%7.400%
Blended rate3.200%6.269%7.640%
1st payment$1,123.98$1,123.98$4,767.03
2nd payment$0.00$2,998.76$0.00
Taxes / mo$269.50$269.50$269.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$58.00$58.00$58.00
Total monthly$1,668.15$4,666.91$5,448.90
Cash to close$540,825$76,500$76,500