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$354,275$354,275$413,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$58,825$0
Funding fee$1,771$1,771$0
Note rate3.690%3.690%7.240%
Blended rate3.690%4.446%7.480%
1st payment$1,788.30$1,788.30$2,815.27
2nd payment$0.00$441.19$0.00
Taxes / mo$260.50$260.50$260.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,215.47$2,656.65$3,325.06
Cash to close$104,725$45,900$45,900