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$613,666$613,666$607,410
Remaining term (yrs)29.529.530.0
Secondary amount$0$27,489$0
Funding fee$3,068$3,068$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.539%7.640%
1st payment$3,812.87$3,812.87$4,205.58
2nd payment$0.00$272.02$0.00
Taxes / mo$824.75$824.75$824.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.48
HOA / mo$4.58$4.58$4.58
Total monthly$4,808.87$5,080.89$5,323.06
Cash to close$61,234$33,745$67,490