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$587,568$587,568$629,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$42,342$0
Funding fee$2,938$2,938$0
Note rate6.120%6.120%7.320%
Blended rate6.120%6.314%7.560%
1st payment$3,742.80$3,742.80$4,327.04
2nd payment$0.00$317.56$0.00
Taxes / mo$22.00$22.00$22.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$120.00$120.00$120.00
Total monthly$4,051.47$4,369.03$4,761.69
Cash to close$112,332$69,990$69,990