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$327,012$327,012$404,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$77,987$0
Funding fee$1,635$1,635$0
Note rate4.980%4.980%7.320%
Blended rate4.980%5.754%7.560%
1st payment$1,879.96$1,879.96$2,782.06
2nd payment$0.00$584.90$0.00
Taxes / mo$191.67$191.67$191.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$4.25$4.25$4.25
Total monthly$2,225.87$2,810.78$3,208.98
Cash to close$122,987$45,000$45,000