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$328,466$328,466$472,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$144,034$0
Funding fee$1,642$1,642$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.338%7.640%
1st payment$1,978.31$1,978.31$3,271.49
2nd payment$0.00$960.23$0.00
Taxes / mo$624.17$624.17$624.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$45.00$45.00$45.00
Total monthly$2,814.14$3,774.37$4,201.83
Cash to close$196,534$52,500$52,500