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$591,246$591,246$675,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$83,754$0
Funding fee$2,956$2,956$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.769%7.640%
1st payment$3,118.51$3,118.51$4,673.56
2nd payment$0.00$628.16$0.00
Taxes / mo$306.42$306.42$306.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$11.08$11.08$11.08
Total monthly$3,652.68$4,280.83$5,342.73
Cash to close$158,754$75,000$75,000