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$687,340$687,340$764,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$76,760$0
Funding fee$3,437$3,437$0
Note rate5.100%5.100%7.320%
Blended rate5.100%5.492%7.560%
1st payment$3,993.72$3,993.72$5,248.84
2nd payment$0.00$575.70$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,917.89$5,493.58$6,325.82
Cash to close$161,660$84,900$84,900