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$495,322$495,322$539,999
Remaining term (yrs)29.229.230.0
Secondary amount$0$44,677$0
Funding fee$2,477$2,477$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.707%7.640%
1st payment$3,154.02$3,154.02$3,738.84
2nd payment$0.00$335.08$0.00
Taxes / mo$104.00$104.00$104.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,424.69$3,759.76$4,117.51
Cash to close$104,677$60,000$60,000