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$257,295$257,295$629,999
Remaining term (yrs)24.624.630.0
Secondary amount$0$372,704$0
Funding fee$1,286$1,286$0
Note rate2.97%2.97%7.24%
Blended rate2.97%5.798%7.48%
1st payment$1,227.20$1,227.20$4,293.43
2nd payment$0.00$2,407.05$0.00
Taxes / mo$603.58$603.58$603.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,997.45$4,404.50$5,189.68
Cash to close$442,704$70,000$70,000