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$515,434$515,434$562,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$47,066$0
Funding fee$2,577$2,577$0
Note rate4.720%4.720%7.320%
Blended rate4.720%5.078%7.560%
1st payment$2,885.12$2,885.12$3,863.98
2nd payment$0.00$353.00$0.00
Taxes / mo$297.17$297.17$297.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$139.00$139.00$139.00
Total monthly$3,487.95$3,840.95$4,579.32
Cash to close$109,566$62,500$62,500