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$488,045$488,045$575,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$87,055$0
Funding fee$2,440$2,440$0
Note rate2.990%2.990%7.240%
Blended rate2.990%3.900%7.480%
1st payment$2,301.53$2,301.53$3,919.30
2nd payment$0.00$652.91$0.00
Taxes / mo$194.08$194.08$194.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.02
HOA / mo$24.58$24.58$24.58
Total monthly$2,686.86$3,339.77$4,419.65
Cash to close$150,955$63,900$63,900