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$449,813$449,813$593,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$143,287$0
Funding fee$2,249$2,249$0
Note rate3.375%3.375%7.240%
Blended rate3.375%4.492%7.480%
1st payment$2,198.64$2,198.64$4,041.97
2nd payment$0.00$955.25$0.00
Taxes / mo$216.17$216.17$216.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,581.48$3,536.72$4,543.42
Cash to close$209,187$65,900$65,900