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$469,606$469,606$472,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$29,144$0
Funding fee$2,348$2,348$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.673%7.560%
1st payment$2,986.73$2,986.73$3,245.75
2nd payment$0.00$288.40$0.00
Taxes / mo$42.75$42.75$42.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,196.15$3,484.55$3,549.66
Cash to close$55,394$26,250$52,500