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$709,139$709,139$809,952
Remaining term (yrs)27.927.930.0
Secondary amount$0$100,813$0
Funding fee$3,546$3,546$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.687%7.560%
1st payment$4,583.44$4,583.44$5,563.81
2nd payment$0.00$672.09$0.00
Taxes / mo$7.97$7.97$7.97
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.99
HOA / mo$20.83$20.83$20.83
Total monthly$4,828.91$5,500.99$5,971.27
Cash to close$190,808$89,995$89,995