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$706,911$706,911$710,999
Remaining term (yrs)27.427.430.0
Secondary amount$0$43,588$0
Funding fee$3,535$3,535$0
Note rate6.640%6.640%7.400%
Blended rate6.640%6.944%7.640%
1st payment$4,667.02$4,667.02$4,922.81
2nd payment$0.00$431.34$0.00
Taxes / mo$658.33$658.33$658.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.20
HOA / mo$0.00$0.00$0.00
Total monthly$5,542.02$5,973.36$5,940.01
Cash to close$83,088$39,500$79,000