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$650,480$650,480$809,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$158,620$0
Funding fee$3,252$3,252$0
Note rate6.180%6.180%7.400%
Blended rate6.180%6.537%7.640%
1st payment$4,002.92$4,002.92$5,602.04
2nd payment$0.00$1,057.47$0.00
Taxes / mo$448.08$448.08$448.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,667.67$5,725.13$6,428.61
Cash to close$248,520$89,900$89,900