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$369,459$369,459$495,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$125,541$0
Funding fee$1,847$1,847$0
Note rate2.970%2.970%7.240%
Blended rate2.970%4.246%7.480%
1st payment$1,762.18$1,762.18$3,373.42
2nd payment$0.00$836.94$0.00
Taxes / mo$162.67$162.67$162.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,091.52$2,928.46$3,801.75
Cash to close$180,541$55,000$55,000