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$391,389$391,389$400,410
Remaining term (yrs)28.828.830.0
Secondary amount$0$31,266$0
Funding fee$1,957$1,957$0
Note rate6.72%6.72%7.24%
Blended rate6.72%7.101%7.48%
1st payment$2,560.56$2,560.56$2,728.79
2nd payment$0.00$309.41$0.00
Taxes / mo$173.42$173.42$173.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$93.00$93.00$93.00
Total monthly$2,976.97$3,286.38$3,225.29
Cash to close$53,511$22,245$44,490