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$585,079$585,079$764,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$179,021$0
Funding fee$2,925$2,925$0
Note rate6.56%6.56%7.24%
Blended rate6.56%6.897%7.48%
1st payment$3,762.80$3,762.80$5,207.33
2nd payment$0.00$1,193.47$0.00
Taxes / mo$463.75$463.75$463.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,443.21$5,636.69$6,040.56
Cash to close$263,921$84,900$84,900