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$472,390$472,390$481,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$35,860$0
Funding fee$2,362$2,362$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.498%7.640%
1st payment$2,996.48$2,996.48$3,333.81
2nd payment$0.00$354.86$0.00
Taxes / mo$61.42$61.42$61.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,224.56$3,579.42$3,658.19
Cash to close$62,610$26,750$53,500