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$635,501$635,501$651,600
Remaining term (yrs)27.927.930.0
Secondary amount$0$52,299$0
Funding fee$3,178$3,178$0
Note rate6.460%6.460%7.320%
Blended rate6.460%6.872%7.560%
1st payment$4,095.41$4,095.41$4,476.04
2nd payment$0.00$517.54$0.00
Taxes / mo$322.50$322.50$322.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.32
HOA / mo$92.00$92.00$92.00
Total monthly$4,726.58$5,244.12$5,237.53
Cash to close$88,499$36,200$72,400