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$585,425$585,425$652,491
Remaining term (yrs)24.724.730.0
Secondary amount$0$67,066$0
Funding fee$2,927$2,927$0
Note rate3.130%3.130%7.400%
Blended rate3.130%3.733%7.640%
1st payment$2,828.37$2,828.37$4,517.72
2nd payment$0.00$503.00$0.00
Taxes / mo$604.16$604.16$604.16
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,649.19$4,152.19$5,469.04
Cash to close$139,565$72,499$72,499