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$418,088$418,088$585,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$166,912$0
Funding fee$2,090$2,090$0
Note rate2.960%2.960%7.240%
Blended rate2.960%4.398%7.480%
1st payment$1,991.97$1,991.97$3,986.76
2nd payment$0.00$1,112.74$0.00
Taxes / mo$199.25$199.25$199.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$40.00$40.00$40.00
Total monthly$2,397.88$3,510.63$4,509.68
Cash to close$231,912$65,000$65,000