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$766,786$766,786$854,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$87,314$0
Funding fee$3,834$3,834$0
Note rate6.320%6.320%7.400%
Blended rate6.320%6.594%7.640%
1st payment$4,968.42$4,968.42$5,913.62
2nd payment$0.00$654.86$0.00
Taxes / mo$790.83$790.83$790.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,975.92$6,630.77$7,091.94
Cash to close$182,214$94,900$94,900