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$305,200$305,200$562,410
Remaining term (yrs)29.229.230.0
Secondary amount$0$257,210$0
Funding fee$1,526$1,526$0
Note rate6.35%6.35%7.24%
Blended rate6.35%6.99%7.48%
1st payment$1,915.45$1,915.45$3,832.81
2nd payment$0.00$1,661.15$0.00
Taxes / mo$75.67$75.67$75.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,157.79$3,818.93$4,187.63
Cash to close$319,700$62,490$62,490