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$1,529,476$1,529,476$1,529,999
Remaining term (yrs)27.927.930.0
Secondary amount$0$85,523$0
Funding fee$7,647$7,647$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.643%7.640%
1st payment$9,737.99$9,737.99$10,593.40
2nd payment$0.00$846.33$0.00
Taxes / mo$1,416.67$1,416.67$1,416.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$306.00
HOA / mo$0.00$0.00$0.00
Total monthly$11,371.32$12,217.65$12,532.74
Cash to close$170,523$85,000$170,000