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$287,209$287,209$580,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$293,291$0
Funding fee$1,436$1,436$0
Note rate3.500%3.500%7.240%
Blended rate3.500%5.647%7.480%
1st payment$1,516.49$1,516.49$3,956.10
2nd payment$0.00$1,894.17$0.00
Taxes / mo$183.08$183.08$183.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,866.24$3,760.42$4,421.95
Cash to close$357,791$64,500$64,500