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$591,377$591,377$718,110
Remaining term (yrs)27.827.830.0
Secondary amount$0$126,733$0
Funding fee$2,957$2,957$0
Note rate5.200%5.200%7.240%
Blended rate5.200%5.694%7.480%
1st payment$3,345.05$3,345.05$4,893.91
2nd payment$0.00$844.89$0.00
Taxes / mo$310.42$310.42$310.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.62
HOA / mo$50.00$50.00$50.00
Total monthly$3,922.13$4,767.02$5,614.61
Cash to close$206,523$79,790$79,790