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$717,010$717,010$733,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$57,240$0
Funding fee$3,585$3,585$0
Note rate6.600%6.600%7.320%
Blended rate6.600%6.990%7.560%
1st payment$4,767.79$4,767.79$5,038.64
2nd payment$0.00$566.44$0.00
Taxes / mo$49.75$49.75$49.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$160.00$160.00$160.00
Total monthly$5,194.21$5,760.65$5,611.75
Cash to close$97,990$40,750$81,500