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$601,199$601,199$670,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$69,301$0
Funding fee$3,006$3,006$0
Note rate6.120%6.120%7.320%
Blended rate6.120%6.418%7.560%
1st payment$3,735.38$3,735.38$4,605.87
2nd payment$0.00$519.76$0.00
Taxes / mo$266.92$266.92$266.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.10
HOA / mo$145.00$145.00$145.00
Total monthly$4,363.96$4,883.73$5,368.55
Cash to close$143,801$74,500$74,500