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$288,835$288,835$585,000
Remaining term (yrs)22.722.730.0
Secondary amount$0$296,165$0
Funding fee$1,444$1,444$0
Note rate2.75%2.75%7.24%
Blended rate2.75%5.281%7.48%
1st payment$1,420.68$1,420.68$3,986.76
2nd payment$0.00$1,912.73$0.00
Taxes / mo$424.25$424.25$424.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,011.60$3,924.33$4,694.68
Cash to close$361,165$65,000$65,000