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$1,199,295$1,199,295$1,529,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$329,805$0
Funding fee$5,996$5,996$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.652%7.640%
1st payment$7,635.77$7,635.77$10,587.18
2nd payment$0.00$2,129.99$0.00
Taxes / mo$393.33$393.33$393.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.82
HOA / mo$281.00$281.00$281.00
Total monthly$8,526.77$10,656.76$11,784.00
Cash to close$499,705$169,900$169,900