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$403,519$403,519$553,496
Remaining term (yrs)27.827.830.0
Secondary amount$0$149,977$0
Funding fee$2,018$2,018$0
Note rate6.77%6.77%7.24%
Blended rate6.77%7.103%7.48%
1st payment$2,684.20$2,684.20$3,772.06
2nd payment$0.00$999.84$0.00
Taxes / mo$310.25$310.25$310.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,161.12$4,160.96$4,359.68
Cash to close$211,476$61,500$61,500