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$487,717$487,717$809,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$322,193$0
Funding fee$2,439$2,439$0
Note rate2.8%2.8%7.24%
Blended rate2.8%4.769%7.48%
1st payment$2,278.19$2,278.19$5,519.52
2nd payment$0.00$2,080.83$0.00
Taxes / mo$399.25$399.25$399.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.98
HOA / mo$100.00$100.00$100.00
Total monthly$2,994.11$5,074.93$6,397.42
Cash to close$412,183$89,990$89,990