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$359,855$359,855$444,600
Remaining term (yrs)24.424.430.0
Secondary amount$0$84,745$0
Funding fee$1,799$1,799$0
Note rate3.050%3.050%7.240%
Blended rate3.050%4.184%7.480%
1st payment$1,739.23$1,739.23$3,029.94
2nd payment$0.00$635.59$0.00
Taxes / mo$217.75$217.75$217.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.92
HOA / mo$47.00$47.00$47.00
Total monthly$2,170.64$2,806.23$3,550.28
Cash to close$134,145$49,400$49,400