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$635,025$635,025$639,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$39,475$0
Funding fee$3,175$3,175$0
Note rate6.320%6.320%7.400%
Blended rate6.320%6.645%7.640%
1st payment$4,109.71$4,109.71$4,424.31
2nd payment$0.00$390.64$0.00
Taxes / mo$591.67$591.67$591.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$274.00$274.00$274.00
Total monthly$5,192.04$5,582.68$5,634.44
Cash to close$74,975$35,500$71,000