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$581,520$581,520$639,000
Remaining term (yrs)28.228.230.0
Secondary amount$0$57,480$0
Funding fee$2,908$2,908$0
Note rate6.780%6.780%7.320%
Blended rate6.780%6.980%7.560%
1st payment$3,852.95$3,852.95$4,389.49
2nd payment$0.00$431.10$0.00
Taxes / mo$175.08$175.08$175.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$66.67$66.67$66.67
Total monthly$4,311.37$4,742.47$4,975.71
Cash to close$128,480$71,000$71,000