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$588,265$588,265$711,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$122,735$0
Funding fee$2,941$2,941$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.668%7.640%
1st payment$3,824.09$3,824.09$4,922.82
2nd payment$0.00$818.23$0.00
Taxes / mo$579.83$579.83$579.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$142.20
HOA / mo$41.67$41.67$41.67
Total monthly$4,662.26$5,480.49$5,903.19
Cash to close$201,735$79,000$79,000