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$677,785$677,785$800,100
Remaining term (yrs)28.628.630.0
Secondary amount$0$122,315$0
Funding fee$3,389$3,389$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.729%7.560%
1st payment$4,345.27$4,345.27$5,496.13
2nd payment$0.00$815.43$0.00
Taxes / mo$740.83$740.83$740.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.02
HOA / mo$0.00$0.00$0.00
Total monthly$5,302.77$6,118.21$6,613.65
Cash to close$211,215$88,900$88,900