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$716,212$716,212$746,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,888$0
Funding fee$3,581$3,581$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.151%7.640%
1st payment$4,108.59$4,108.59$5,165.85
2nd payment$0.00$224.16$0.00
Taxes / mo$690.83$690.83$690.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.22
HOA / mo$0.00$0.00$0.00
Total monthly$5,016.09$5,240.25$6,222.57
Cash to close$112,788$82,900$82,900