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$537,730$537,730$663,300
Remaining term (yrs)29.229.230.0
Secondary amount$0$125,570$0
Funding fee$2,689$2,689$0
Note rate6.150%6.150%7.400%
Blended rate6.150%6.500%7.640%
1st payment$3,302.02$3,302.02$4,592.56
2nd payment$0.00$837.13$0.00
Taxes / mo$2.11$2.11$2.11
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.66
HOA / mo$41.67$41.67$41.67
Total monthly$3,562.46$4,399.59$4,985.66
Cash to close$199,270$73,700$73,700