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$532,867$532,867$809,910
Remaining term (yrs)23.323.330.0
Secondary amount$0$277,043$0
Funding fee$2,664$2,664$0
Note rate3.450%3.450%7.240%
Blended rate3.450%4.921%7.480%
1st payment$2,760.55$2,760.55$5,519.52
2nd payment$0.00$1,789.24$0.00
Taxes / mo$749.92$749.92$749.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,727.14$5,516.38$6,648.09
Cash to close$367,033$89,990$89,990