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$486,083$486,083$647,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$161,827$0
Funding fee$2,430$2,430$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.151%7.48%
1st payment$2,272.33$2,272.33$4,415.49
2nd payment$0.00$1,078.85$0.00
Taxes / mo$185.50$185.50$185.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.58
HOA / mo$115.00$115.00$115.00
Total monthly$2,789.50$3,868.34$5,062.24
Cash to close$233,817$71,990$71,990