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$519,634$519,634$584,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$65,276$0
Funding fee$2,598$2,598$0
Note rate5.520%5.520%7.400%
Blended rate5.520%5.908%7.640%
1st payment$3,144.95$3,144.95$4,049.80
2nd payment$0.00$489.57$0.00
Taxes / mo$541.58$541.58$541.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$118.00$118.00$118.00
Total monthly$3,971.20$4,460.77$4,993.03
Cash to close$130,266$64,990$64,990