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$472,049$472,049$674,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$202,861$0
Funding fee$2,360$2,360$0
Note rate6.630%6.630%7.400%
Blended rate6.630%6.967%7.640%
1st payment$3,133.83$3,133.83$4,672.94
2nd payment$0.00$1,310.15$0.00
Taxes / mo$438.58$438.58$438.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.98
HOA / mo$75.00$75.00$75.00
Total monthly$3,864.08$5,174.22$5,538.17
Cash to close$277,851$74,990$74,990