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$518,902$518,902$539,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$50,148$0
Funding fee$2,595$2,595$0
Note rate6.490%6.490%7.400%
Blended rate6.490%6.965%7.640%
1st payment$3,350.52$3,350.52$3,732.62
2nd payment$0.00$496.26$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,016.35$4,512.61$4,506.27
Cash to close$80,098$29,950$59,900