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$577,520$577,520$620,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$43,390$0
Funding fee$2,888$2,888$0
Note rate3.875%3.875%7.24%
Blended rate3.875%4.233%7.48%
1st payment$2,973.70$2,973.70$4,231.49
2nd payment$0.00$325.43$0.00
Taxes / mo$323.50$323.50$323.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$124.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,463.87$3,789.30$4,845.84
Cash to close$112,380$68,990$68,990