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$660,735$660,735$843,300
Remaining term (yrs)26.426.430.0
Secondary amount$0$182,565$0
Funding fee$3,304$3,304$0
Note rate6.330%6.330%7.400%
Blended rate6.330%6.692%7.640%
1st payment$4,290.62$4,290.62$5,838.84
2nd payment$0.00$1,217.10$0.00
Taxes / mo$390.33$390.33$390.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$168.66
HOA / mo$0.00$0.00$0.00
Total monthly$4,897.62$6,114.72$6,614.50
Cash to close$276,265$93,700$93,700