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$536,403$536,403$629,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$92,697$0
Funding fee$2,682$2,682$0
Note rate2.730%2.730%7.240%
Blended rate2.730%3.654%7.480%
1st payment$2,504.17$2,504.17$4,287.30
2nd payment$0.00$695.23$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$156.00$156.00$156.00
Total monthly$3,409.34$4,104.57$5,318.29
Cash to close$162,597$69,900$69,900