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$522,576$522,576$629,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$107,334$0
Funding fee$2,613$2,613$0
Note rate7.290%7.290%7.320%
Blended rate7.290%7.411%7.560%
1st payment$3,675.79$3,675.79$4,327.04
2nd payment$0.00$715.56$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,425.71$5,141.27$5,202.94
Cash to close$177,324$69,990$69,990