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$894,153$894,153$877,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$32,097$0
Funding fee$4,471$4,471$0
Note rate6.200%6.200%7.400%
Blended rate6.200%6.397%7.640%
1st payment$5,601.09$5,601.09$6,075.63
2nd payment$0.00$317.63$0.00
Taxes / mo$812.50$812.50$812.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,630.26$6,947.89$7,280.30
Cash to close$80,847$48,750$97,500