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$705,851$705,851$809,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$103,249$0
Funding fee$3,529$3,529$0
Note rate6.330%6.330%7.320%
Blended rate6.330%6.543%7.560%
1st payment$4,583.59$4,583.59$5,557.96
2nd payment$0.00$688.33$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,549.42$6,237.75$6,685.61
Cash to close$193,149$89,900$89,900