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$34,781$34,781$386,100
Remaining term (yrs)6.96.930.0
Secondary amount$0$351,319$0
Funding fee$174$174$0
Note rate2.770%2.770%7.320%
Blended rate2.770%7.301%7.560%
1st payment$455.98$455.98$2,652.24
2nd payment$0.00$2,268.93$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$360.00$360.00$360.00
Total monthly$1,323.48$3,592.41$3,596.96
Cash to close$394,219$42,900$42,900