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$669,533$669,533$764,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$94,567$0
Funding fee$3,348$3,348$0
Note rate7.040%7.040%7.400%
Blended rate7.040%7.283%7.640%
1st payment$4,542.33$4,542.33$5,290.47
2nd payment$0.00$709.26$0.00
Taxes / mo$586.25$586.25$586.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,345.25$6,054.50$6,246.21
Cash to close$179,467$84,900$84,900