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$407,751$407,751$416,250
Remaining term (yrs)28.228.230.0
Secondary amount$0$31,624$0
Funding fee$2,039$2,039$0
Note rate6.780%6.780%7.240%
Blended rate6.780%7.147%7.480%
1st payment$2,704.26$2,704.26$2,836.74
2nd payment$0.00$312.95$0.00
Taxes / mo$105.33$105.33$105.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.25
HOA / mo$0.00$0.00$0.00
Total monthly$2,976.26$3,289.20$3,191.99
Cash to close$54,749$23,125$46,250