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$938,135$938,135$990,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$51,865$0
Funding fee$4,691$4,691$0
Note rate6.720%6.720%7.320%
Blended rate6.720%6.839%7.560%
1st payment$6,131.76$6,131.76$6,800.61
2nd payment$0.00$388.98$0.00
Taxes / mo$1,671.50$1,671.50$1,671.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$198.00
HOA / mo$15.83$15.83$15.83
Total monthly$8,035.75$8,424.74$8,902.61
Cash to close$161,865$110,000$110,000