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$742,534$742,534$755,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$54,516$0
Funding fee$3,713$3,713$0
Note rate6.890%6.890%7.400%
Blended rate6.890%7.231%7.640%
1st payment$4,992.65$4,992.65$5,228.16
2nd payment$0.00$539.49$0.00
Taxes / mo$699.17$699.17$699.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.02
HOA / mo$358.00$358.00$358.00
Total monthly$6,266.48$6,805.97$6,653.01
Cash to close$96,466$41,950$83,900