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$473,113$473,113$481,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$35,137$0
Funding fee$2,366$2,366$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.542%7.640%
1st payment$3,309.18$3,309.18$3,333.81
2nd payment$0.00$347.71$0.00
Taxes / mo$466.75$466.75$466.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$100.00$100.00$100.00
Total monthly$4,042.60$4,390.31$4,163.53
Cash to close$61,887$26,750$53,500