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$670,120$670,120$691,200
Remaining term (yrs)25.825.830.0
Secondary amount$0$59,480$0
Funding fee$3,351$3,351$0
Note rate5.090%5.090%7.400%
Blended rate5.090%5.643%7.640%
1st payment$3,883.66$3,883.66$4,785.73
2nd payment$0.00$588.60$0.00
Taxes / mo$309.00$309.00$309.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.24
HOA / mo$0.00$0.00$0.00
Total monthly$4,409.33$4,997.93$5,449.64
Cash to close$97,880$38,400$76,800