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$1,032,124$1,032,124$1,012,500
Remaining term (yrs)29.529.530.0
Secondary amount$0$36,626$0
Funding fee$5,161$5,161$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.684%7.560%
1st payment$6,547.59$6,547.59$6,955.17
2nd payment$0.00$362.45$0.00
Taxes / mo$937.50$937.50$937.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$202.50
HOA / mo$97.00$97.00$97.00
Total monthly$7,798.76$8,161.21$8,408.84
Cash to close$92,876$56,250$112,500