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$534,298$534,298$585,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$50,702$0
Funding fee$2,671$2,671$0
Note rate6.780%6.780%7.400%
Blended rate6.780%6.972%7.640%
1st payment$3,550.53$3,550.53$4,050.42
2nd payment$0.00$380.26$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$32.00$32.00$32.00
Total monthly$4,290.86$4,671.12$4,907.76
Cash to close$115,702$65,000$65,000