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$233,399$233,399$504,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$270,601$0
Funding fee$1,167$1,167$0
Note rate3.560%3.560%7.240%
Blended rate3.560%5.810%7.480%
1st payment$1,364.73$1,364.73$3,434.75
2nd payment$0.00$1,747.63$0.00
Taxes / mo$255.50$255.50$255.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$73.67$73.67$73.67
Total monthly$1,860.57$3,608.20$4,031.39
Cash to close$326,601$56,000$56,000