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$449,247$449,247$539,999
Remaining term (yrs)26.226.230.0
Secondary amount$0$90,752$0
Funding fee$2,246$2,246$0
Note rate6.580%6.580%7.320%
Blended rate6.580%6.987%7.560%
1st payment$2,995.49$2,995.49$3,709.42
2nd payment$0.00$680.64$0.00
Taxes / mo$500.00$500.00$500.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,662.16$4,342.79$4,484.08
Cash to close$150,752$60,000$60,000