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$902,163$902,163$967,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$65,337$0
Funding fee$4,511$4,511$0
Note rate6.960%6.960%7.320%
Blended rate6.960%7.098%7.560%
1st payment$6,119.33$6,119.33$6,646.05
2nd payment$0.00$490.03$0.00
Taxes / mo$771.00$771.00$771.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$59.00$59.00$59.00
Total monthly$7,166.00$7,656.03$7,886.22
Cash to close$172,837$107,500$107,500