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$372,593$372,593$540,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$167,407$0
Funding fee$1,863$1,863$0
Note rate2.99%2.99%7.24%
Blended rate2.99%4.543%7.48%
1st payment$1,818.83$1,818.83$3,680.09
2nd payment$0.00$1,116.04$0.00
Taxes / mo$317.08$317.08$317.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$53.00$53.00$53.00
Total monthly$2,355.58$3,471.63$4,324.84
Cash to close$227,407$60,000$60,000