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$335,633$335,633$494,999
Remaining term (yrs)26.626.630.0
Secondary amount$0$159,366$0
Funding fee$1,678$1,678$0
Note rate6.390%6.390%7.240%
Blended rate6.390%6.908%7.480%
1st payment$2,186.98$2,186.98$3,373.41
2nd payment$0.00$1,062.44$0.00
Taxes / mo$96.08$96.08$96.08
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$2,449.73$3,512.17$3,735.16
Cash to close$214,366$55,000$55,000