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$565,938$565,938$580,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$46,812$0
Funding fee$2,830$2,830$0
Note rate6.19%6.19%7.24%
Blended rate6.19%6.624%7.48%
1st payment$3,500.45$3,500.45$3,956.10
2nd payment$0.00$463.25$0.00
Taxes / mo$140.17$140.17$140.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,807.28$4,270.53$4,379.03
Cash to close$79,062$32,250$64,500