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$473,008$473,008$472,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$25,742$0
Funding fee$2,365$2,365$0
Note rate6.760%6.760%7.400%
Blended rate6.760%7.024%7.640%
1st payment$3,118.73$3,118.73$3,271.49
2nd payment$0.00$254.74$0.00
Taxes / mo$182.32$182.32$182.32
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,467.72$3,722.46$3,714.98
Cash to close$51,992$26,250$52,500