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$367,562$367,562$562,410
Remaining term (yrs)22.722.730.0
Secondary amount$0$194,848$0
Funding fee$1,838$1,838$0
Note rate3.73%3.73%7.24%
Blended rate3.73%5.209%7.48%
1st payment$1,994.81$1,994.81$3,832.81
2nd payment$0.00$1,298.98$0.00
Taxes / mo$412.00$412.00$412.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,573.47$3,872.46$4,523.96
Cash to close$257,338$62,490$62,490