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$523,534$523,534$531,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$36,966$0
Funding fee$2,618$2,618$0
Note rate6.730%6.730%7.240%
Blended rate6.730%7.069%7.480%
1st payment$3,465.40$3,465.40$3,618.76
2nd payment$0.00$365.81$0.00
Taxes / mo$251.83$251.83$251.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$43.00$43.00$43.00
Total monthly$3,926.90$4,292.71$4,186.46
Cash to close$66,466$29,500$59,000