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$517,594$517,594$530,100
Remaining term (yrs)28.528.530.0
Secondary amount$0$41,956$0
Funding fee$2,588$2,588$0
Note rate6.65%6.65%7.24%
Blended rate6.65%7.042%7.48%
1st payment$3,375.45$3,375.45$3,612.62
2nd payment$0.00$415.19$0.00
Taxes / mo$237.50$237.50$237.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.02
HOA / mo$181.00$181.00$181.00
Total monthly$3,960.62$4,375.80$4,303.81
Cash to close$71,406$29,450$58,900