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$400,362$400,362$467,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$67,548$0
Funding fee$2,002$2,002$0
Note rate6.39%6.39%7.24%
Blended rate6.39%6.767%7.48%
1st payment$2,608.75$2,608.75$3,188.80
2nd payment$0.00$506.61$0.00
Taxes / mo$159.83$159.83$159.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,935.25$3,441.86$3,608.88
Cash to close$119,538$51,990$51,990