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$324,301$324,301$373,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$49,199$0
Funding fee$1,622$1,622$0
Note rate4.670%4.670%7.320%
Blended rate4.670%5.240%7.560%
1st payment$1,808.93$1,808.93$2,565.69
2nd payment$0.00$368.99$0.00
Taxes / mo$265.08$265.08$265.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,224.01$2,593.00$3,055.47
Cash to close$90,699$41,500$41,500