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$373,620$373,620$557,010
Remaining term (yrs)23.723.730.0
Secondary amount$0$183,390$0
Funding fee$1,868$1,868$0
Note rate3.13%3.13%7.24%
Blended rate3.13%4.733%7.48%
1st payment$1,855.28$1,855.28$3,796.01
2nd payment$0.00$1,222.60$0.00
Taxes / mo$345.33$345.33$345.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.40
HOA / mo$477.00$477.00$477.00
Total monthly$2,844.28$4,066.88$4,896.41
Cash to close$245,280$61,890$61,890