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$403,990$403,990$612,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$208,010$0
Funding fee$2,020$2,020$0
Note rate3.010%3.010%7.240%
Blended rate3.010%4.621%7.480%
1st payment$1,971.58$1,971.58$4,170.77
2nd payment$0.00$1,343.40$0.00
Taxes / mo$732.17$732.17$732.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$206.00$206.00$206.00
Total monthly$3,076.41$4,419.81$5,398.00
Cash to close$276,010$68,000$68,000