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$321,873$321,873$341,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$39,032$0
Funding fee$1,609$1,609$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.449%7.640%
1st payment$1,792.37$1,792.37$2,367.32
2nd payment$0.00$386.25$0.00
Taxes / mo$316.58$316.58$316.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$14.33$14.33$14.33
Total monthly$2,273.29$2,659.54$2,916.61
Cash to close$58,027$18,995$37,990