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$444,344$444,344$886,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$442,156$0
Funding fee$2,222$2,222$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.304%7.640%
1st payment$2,126.28$2,126.28$6,137.95
2nd payment$0.00$2,855.59$0.00
Taxes / mo$149.75$149.75$149.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,492.70$5,348.29$6,681.66
Cash to close$540,656$98,500$98,500