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$377,185$377,185$674,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$297,725$0
Funding fee$1,886$1,886$0
Note rate3.750%3.750%7.240%
Blended rate3.750%5.515%7.480%
1st payment$2,037.01$2,037.01$4,599.50
2nd payment$0.00$1,922.80$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,878.60$4,801.40$5,576.06
Cash to close$372,715$74,990$74,990