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$536,962$536,962$584,550
Remaining term (yrs)27.927.930.0
Secondary amount$0$47,588$0
Funding fee$2,685$2,685$0
Note rate6.460%6.460%7.400%
Blended rate6.460%6.667%7.640%
1st payment$3,460.39$3,460.39$4,047.31
2nd payment$0.00$356.91$0.00
Taxes / mo$541.25$541.25$541.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.91
HOA / mo$0.00$0.00$0.00
Total monthly$4,168.31$4,525.22$4,872.13
Cash to close$112,538$64,950$64,950