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$344,623$344,623$575,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$231,287$0
Funding fee$1,723$1,723$0
Note rate6.320%6.320%7.240%
Blended rate6.320%6.894%7.480%
1st payment$2,233.00$2,233.00$3,924.82
2nd payment$0.00$1,493.73$0.00
Taxes / mo$140.75$140.75$140.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,540.41$4,034.14$4,347.41
Cash to close$295,277$63,990$63,990