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$948,464$948,464$1,079,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$130,636$0
Funding fee$4,742$4,742$0
Note rate6.260%6.260%7.320%
Blended rate6.260%6.471%7.560%
1st payment$5,903.26$5,903.26$7,412.67
2nd payment$0.00$870.91$0.00
Taxes / mo$999.17$999.17$999.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$215.82
HOA / mo$0.00$0.00$0.00
Total monthly$7,119.10$7,990.00$8,844.32
Cash to close$250,536$119,900$119,900