Dan Frey Home Loans
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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$325,977$325,977$472,410
Remaining term (yrs)22.322.330.0
Secondary amount$0$146,433$0
Funding fee$1,630$1,630$0
Note rate4.450%4.450%7.240%
Blended rate4.450%5.550%7.480%
1st payment$1,917.15$1,917.15$3,219.47
2nd payment$0.00$976.22$0.00
Taxes / mo$334.75$334.75$334.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,418.57$3,394.79$3,815.36
Cash to close$198,923$52,490$52,490