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$709,271$709,271$720,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$50,729$0
Funding fee$3,546$3,546$0
Note rate4.160%4.160%7.400%
Blended rate4.160%4.675%7.640%
1st payment$3,750.59$3,750.59$4,985.13
2nd payment$0.00$502.01$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$12.00$12.00$12.00
Total monthly$4,645.93$5,147.94$6,024.47
Cash to close$90,729$40,000$80,000