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$636,558$636,558$651,600
Remaining term (yrs)27.927.930.0
Secondary amount$0$51,242$0
Funding fee$3,183$3,183$0
Note rate6.850%6.850%7.400%
Blended rate6.850%7.224%7.640%
1st payment$4,263.40$4,263.40$4,511.55
2nd payment$0.00$507.08$0.00
Taxes / mo$322.50$322.50$322.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.32
HOA / mo$92.00$92.00$92.00
Total monthly$4,894.57$5,401.66$5,273.03
Cash to close$87,442$36,200$72,400