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$765,309$765,309$872,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$106,791$0
Funding fee$3,827$3,827$0
Note rate2.990%2.990%7.400%
Blended rate2.990%3.603%7.640%
1st payment$3,601.06$3,601.06$6,038.24
2nd payment$0.00$711.94$0.00
Taxes / mo$807.50$807.50$807.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$174.42
HOA / mo$0.00$0.00$0.00
Total monthly$4,625.23$5,337.17$7,236.83
Cash to close$203,691$96,900$96,900