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$646,223$646,223$679,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$33,277$0
Funding fee$3,231$3,231$0
Note rate3.850%3.850%7.240%
Blended rate3.850%4.102%7.480%
1st payment$3,318.58$3,318.58$4,630.78
2nd payment$0.00$249.57$0.00
Taxes / mo$195.08$195.08$195.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.90
HOA / mo$88.00$88.00$88.00
Total monthly$3,818.33$4,067.90$5,266.43
Cash to close$108,777$75,500$75,500