Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

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$274,441$274,441$449,999
Remaining term (yrs)22.622.630.0
Secondary amount$0$175,558$0
Funding fee$1,372$1,372$0
Note rate2.980%2.980%7.240%
Blended rate2.980%4.938%7.480%
1st payment$1,385.46$1,385.46$3,066.74
2nd payment$0.00$1,170.39$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$397.00$397.00$397.00
Total monthly$2,365.79$3,536.17$4,137.07
Cash to close$225,558$50,000$50,000