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$472,235$472,235$899,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$426,865$0
Funding fee$2,361$2,361$0
Note rate3.020%3.020%7.240%
Blended rate3.020%5.266%7.480%
1st payment$2,269.81$2,269.81$6,127.35
2nd payment$0.00$2,756.84$0.00
Taxes / mo$250.50$250.50$250.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,736.98$5,493.81$6,774.34
Cash to close$526,765$99,900$99,900