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$464,546$464,546$517,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$52,954$0
Funding fee$2,323$2,323$0
Note rate3.45%3.45%7.24%
Blended rate3.45%4.018%7.48%
1st payment$2,289.31$2,289.31$3,526.75
2nd payment$0.00$397.16$0.00
Taxes / mo$264.00$264.00$264.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,719.97$3,117.13$4,060.92
Cash to close$110,454$57,500$57,500