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$10,297$10,297$346,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$336,203$0
Funding fee$51$51$0
Note rate2.770%2.770%7.320%
Blended rate2.770%7.602%7.560%
1st payment$51.15$51.15$2,380.21
2nd payment$0.00$2,171.31$0.00
Taxes / mo$318.42$318.42$318.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$186.00$186.00$186.00
Total monthly$705.57$2,876.88$3,103.93
Cash to close$374,703$38,500$38,500