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$1,245,380$1,245,380$1,214,999
Remaining term (yrs)27.927.930.0
Secondary amount$0$37,119$0
Funding fee$6,227$6,227$0
Note rate6.470%6.470%7.400%
Blended rate6.470%6.626%7.640%
1st payment$8,033.73$8,033.73$8,412.41
2nd payment$0.00$367.32$0.00
Taxes / mo$1,125.00$1,125.00$1,125.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$243.00
HOA / mo$0.00$0.00$0.00
Total monthly$9,375.39$9,742.72$9,997.07
Cash to close$104,619$67,500$135,000