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$404,365$404,365$837,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$432,635$0
Funding fee$2,022$2,022$0
Note rate5.980%5.980%7.400%
Blended rate5.980%6.895%7.640%
1st payment$2,428.96$2,428.96$5,795.22
2nd payment$0.00$2,794.10$0.00
Taxes / mo$164.25$164.25$164.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$167.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,809.87$5,603.98$6,343.54
Cash to close$525,635$93,000$93,000