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$367,637$367,637$378,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$31,363$0
Funding fee$1,838$1,838$0
Note rate6.080%6.080%7.240%
Blended rate6.080%6.536%7.480%
1st payment$2,280.00$2,280.00$2,576.06
2nd payment$0.00$310.36$0.00
Taxes / mo$131.50$131.50$131.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,561.50$2,871.87$2,933.16
Cash to close$52,363$21,000$42,000