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$1,327,605$1,327,605$1,674,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$346,395$0
Funding fee$6,638$6,638$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.419%7.640%
1st payment$6,574.28$6,574.28$11,590.44
2nd payment$0.00$2,237.13$0.00
Taxes / mo$1,550.00$1,550.00$1,550.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$334.80
HOA / mo$295.00$295.00$295.00
Total monthly$8,635.94$10,873.08$13,986.90
Cash to close$532,395$186,000$186,000