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$136,556$136,556$540,000
Remaining term (yrs)5.35.330.0
Secondary amount$0$403,444$0
Funding fee$683$683$0
Note rate3.400%3.400%7.240%
Blended rate3.400%6.650%7.480%
1st payment$2,303.22$2,303.22$3,680.09
2nd payment$0.00$2,605.58$0.00
Taxes / mo$218.17$218.17$218.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$16.67$16.67$16.67
Total monthly$2,704.72$5,310.30$4,189.59
Cash to close$463,444$60,000$60,000