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$623,321$623,321$648,900
Remaining term (yrs)29.429.430.0
Secondary amount$0$25,579$0
Funding fee$3,117$3,117$0
Note rate6.160%6.160%7.400%
Blended rate6.160%6.272%7.640%
1st payment$3,823.92$3,823.92$4,492.85
2nd payment$0.00$191.84$0.00
Taxes / mo$16.83$16.83$16.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.78
HOA / mo$99.00$99.00$99.00
Total monthly$4,156.42$4,348.26$4,955.13
Cash to close$97,679$72,100$72,100