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$608,502$608,502$652,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$43,998$0
Funding fee$3,043$3,043$0
Note rate4.820%4.820%7.400%
Blended rate4.820%5.102%7.640%
1st payment$3,419.17$3,419.17$4,517.78
2nd payment$0.00$329.98$0.00
Taxes / mo$626.50$626.50$626.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$25.00$25.00$25.00
Total monthly$4,287.33$4,617.32$5,516.44
Cash to close$116,498$72,500$72,500