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$380,666$380,666$674,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$293,434$0
Funding fee$1,903$1,903$0
Note rate2.800%2.800%7.240%
Blended rate2.800%4.955%7.480%
1st payment$1,807.94$1,807.94$4,593.98
2nd payment$0.00$1,895.09$0.00
Taxes / mo$624.17$624.17$624.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,648.77$4,543.86$5,569.63
Cash to close$368,334$74,900$74,900