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$870,240$870,240$967,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$97,260$0
Funding fee$4,351$4,351$0
Note rate6.470%6.470%7.400%
Blended rate6.470%6.724%7.640%
1st payment$5,607.86$5,607.86$6,698.77
2nd payment$0.00$729.45$0.00
Taxes / mo$895.83$895.83$895.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$193.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,720.36$7,449.81$8,004.77
Cash to close$204,760$107,500$107,500