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$786,774$786,774$1,106,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$320,136$0
Funding fee$3,934$3,934$0
Note rate5.700%5.700%7.400%
Blended rate5.700%6.293%7.640%
1st payment$4,847.59$4,847.59$7,664.02
2nd payment$0.00$2,067.54$0.00
Taxes / mo$1,024.92$1,024.92$1,024.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$221.38
HOA / mo$0.00$0.00$0.00
Total monthly$6,089.17$8,156.71$9,126.99
Cash to close$443,126$122,990$122,990