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$610,339$610,339$611,999
Remaining term (yrs)26.926.930.0
Secondary amount$0$35,660$0
Funding fee$3,052$3,052$0
Note rate7.090%7.090%7.400%
Blended rate7.090%7.354%7.640%
1st payment$4,229.55$4,229.55$4,237.36
2nd payment$0.00$352.88$0.00
Taxes / mo$368.58$368.58$368.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$0.00$0.00$0.00
Total monthly$4,764.80$5,117.69$4,895.01
Cash to close$69,660$34,000$68,000