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$453,143$453,143$683,999
Remaining term (yrs)28.428.430.0
Secondary amount$0$230,856$0
Funding fee$2,266$2,266$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.922%7.48%
1st payment$2,913.83$2,913.83$4,661.44
2nd payment$0.00$1,490.95$0.00
Taxes / mo$153.67$153.67$153.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,284.17$4,775.11$5,168.57
Cash to close$306,856$76,000$76,000