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$468,570$468,570$472,399
Remaining term (yrs)26.526.530.0
Secondary amount$0$30,073$0
Funding fee$2,343$2,343$0
Note rate6.320%6.320%7.320%
Blended rate6.320%6.655%7.560%
1st payment$3,032.46$3,032.46$3,245.05
2nd payment$0.00$297.60$0.00
Taxes / mo$134.50$134.50$134.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,333.63$3,631.23$3,640.70
Cash to close$56,318$26,244$52,489