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$603,006$603,006$616,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$47,744$0
Funding fee$3,015$3,015$0
Note rate6.790%6.790%7.320%
Blended rate6.790%7.163%7.560%
1st payment$4,031.29$4,031.29$4,234.93
2nd payment$0.00$472.47$0.00
Taxes / mo$769.08$769.08$769.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$100.00$100.00$100.00
Total monthly$5,067.04$5,539.52$5,393.98
Cash to close$81,994$34,250$68,500