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$829,279$829,279$809,999
Remaining term (yrs)24.624.630.0
Secondary amount$0$25,720$0
Funding fee$4,146$4,146$0
Note rate6.370%6.370%7.400%
Blended rate6.370%6.536%7.640%
1st payment$5,555.00$5,555.00$5,608.27
2nd payment$0.00$254.52$0.00
Taxes / mo$750.00$750.00$750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,521.67$6,776.19$6,736.94
Cash to close$70,720$45,000$90,000