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$285,221$285,221$512,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$227,689$0
Funding fee$1,426$1,426$0
Note rate6.64%6.64%7.24%
Blended rate6.64%7.133%7.48%
1st payment$1,883.03$1,883.03$3,495.47
2nd payment$0.00$1,470.49$0.00
Taxes / mo$217.92$217.92$217.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$30.00$30.00$30.00
Total monthly$2,297.61$3,768.10$4,012.64
Cash to close$284,679$56,990$56,990