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$564,866$564,866$584,999
Remaining term (yrs)29.429.430.0
Secondary amount$0$52,633$0
Funding fee$2,824$2,824$0
Note rate6.160%6.160%7.400%
Blended rate6.160%6.647%7.640%
1st payment$3,465.31$3,465.31$4,050.42
2nd payment$0.00$520.85$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,173.65$4,694.49$4,875.75
Cash to close$85,133$32,500$65,000