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$462,880$462,880$529,200
Remaining term (yrs)20.620.630.0
Secondary amount$0$66,320$0
Funding fee$2,314$2,314$0
Note rate4.210%4.210%7.400%
Blended rate4.210%4.810%7.640%
1st payment$2,790.73$2,790.73$3,664.07
2nd payment$0.00$497.40$0.00
Taxes / mo$490.00$490.00$490.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.84
HOA / mo$522.00$522.00$522.00
Total monthly$3,969.39$4,466.79$4,948.58
Cash to close$125,120$58,800$58,800