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$390,874$390,874$742,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$351,626$0
Funding fee$1,954$1,954$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.186%7.560%
1st payment$1,820.99$1,820.99$5,100.46
2nd payment$0.00$2,270.92$0.00
Taxes / mo$278.33$278.33$278.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$83.00$83.00$83.00
Total monthly$2,398.99$4,669.91$5,826.96
Cash to close$434,126$82,500$82,500