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$421,573$421,573$764,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$342,527$0
Funding fee$2,108$2,108$0
Note rate6.720%6.720%7.400%
Blended rate6.720%7.182%7.640%
1st payment$2,773.94$2,773.94$5,290.47
2nd payment$0.00$2,212.15$0.00
Taxes / mo$1,025.58$1,025.58$1,025.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$83.33$83.33$83.33
Total monthly$4,099.52$6,311.67$6,768.87
Cash to close$427,427$84,900$84,900