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$782,472$782,472$836,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$54,438$0
Funding fee$3,912$3,912$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.560%7.640%
1st payment$5,092.54$5,092.54$5,794.60
2nd payment$0.00$408.29$0.00
Taxes / mo$774.92$774.92$774.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$167.38
HOA / mo$0.00$0.00$0.00
Total monthly$6,084.12$6,492.41$6,953.56
Cash to close$147,428$92,990$92,990