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$583,076$583,076$652,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$69,424$0
Funding fee$2,915$2,915$0
Note rate6.500%6.500%7.240%
Blended rate6.500%6.766%7.480%
1st payment$3,705.81$3,705.81$4,446.78
2nd payment$0.00$520.68$0.00
Taxes / mo$199.08$199.08$199.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,121.56$4,642.24$4,993.03
Cash to close$141,924$72,500$72,500