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$945,139$945,139$922,410
Remaining term (yrs)25.925.930.0
Secondary amount$0$28,516$0
Funding fee$4,726$4,726$0
Note rate5.220%5.220%7.320%
Blended rate5.220%5.415%7.560%
1st payment$5,541.95$5,541.95$6,336.32
2nd payment$0.00$282.19$0.00
Taxes / mo$460.00$460.00$460.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$184.48
HOA / mo$272.00$272.00$272.00
Total monthly$6,490.62$6,772.80$7,469.47
Cash to close$79,761$51,245$102,490