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$887,642$887,642$898,992
Remaining term (yrs)27.527.530.0
Secondary amount$0$61,294$0
Funding fee$4,438$4,438$0
Note rate6.720%6.720%7.400%
Blended rate6.720%7.053%7.640%
1st payment$5,893.81$5,893.81$6,224.44
2nd payment$0.00$606.56$0.00
Taxes / mo$832.40$832.40$832.40
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.80
HOA / mo$40.00$40.00$40.00
Total monthly$6,982.87$7,589.43$7,493.30
Cash to close$111,238$49,944$99,888