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$879,749$879,749$1,034,100
Remaining term (yrs)28.828.830.0
Secondary amount$0$154,351$0
Funding fee$4,399$4,399$0
Note rate6.720%6.720%7.400%
Blended rate6.720%6.911%7.640%
1st payment$5,755.52$5,755.52$7,159.90
2nd payment$0.00$1,029.01$0.00
Taxes / mo$178.81$178.81$178.81
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$206.82
HOA / mo$83.33$83.33$83.33
Total monthly$6,234.33$7,263.34$7,845.53
Cash to close$269,251$114,900$114,900