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$383,392$383,392$404,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$43,158$0
Funding fee$1,917$1,917$0
Note rate3.09%3.09%7.24%
Blended rate3.09%3.979%7.48%
1st payment$1,828.02$1,828.02$2,753.93
2nd payment$0.00$427.08$0.00
Taxes / mo$192.00$192.00$192.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$40.00$40.00$40.00
Total monthly$2,210.02$2,637.11$3,216.75
Cash to close$65,608$22,450$44,900