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$507,044$507,044$629,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$122,866$0
Funding fee$2,535$2,535$0
Note rate4.420%4.420%7.320%
Blended rate4.420%5.118%7.560%
1st payment$2,755.67$2,755.67$4,327.04
2nd payment$0.00$819.10$0.00
Taxes / mo$459.33$459.33$459.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,381.67$4,200.77$5,079.03
Cash to close$192,856$69,990$69,990