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$637,648$637,648$733,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$95,852$0
Funding fee$3,188$3,188$0
Note rate2.790%2.790%7.400%
Blended rate2.790%3.602%7.640%
1st payment$2,954.61$2,954.61$5,078.61
2nd payment$0.00$718.89$0.00
Taxes / mo$679.17$679.17$679.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,850.45$4,569.34$6,121.14
Cash to close$177,352$81,500$81,500