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$512,271$512,271$576,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$63,729$0
Funding fee$2,561$2,561$0
Note rate6.920%6.920%7.320%
Blended rate6.920%7.150%7.560%
1st payment$3,457.87$3,457.87$3,956.72
2nd payment$0.00$477.97$0.00
Taxes / mo$229.92$229.92$229.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,854.45$4,332.42$4,468.50
Cash to close$127,729$64,000$64,000