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$657,809$657,809$720,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$62,191$0
Funding fee$3,289$3,289$0
Note rate6.560%6.560%7.320%
Blended rate6.560%6.771%7.560%
1st payment$4,226.49$4,226.49$4,945.90
2nd payment$0.00$466.43$0.00
Taxes / mo$387.75$387.75$387.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$58.00$58.00$58.00
Total monthly$4,888.90$5,355.34$5,752.32
Cash to close$142,191$80,000$80,000