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$467,652$467,652$850,410
Remaining term (yrs)26.226.230.0
Secondary amount$0$382,758$0
Funding fee$2,338$2,338$0
Note rate6.42%6.42%7.24%
Blended rate6.42%7.019%7.48%
1st payment$3,070.77$3,070.77$5,795.53
2nd payment$0.00$2,471.98$0.00
Taxes / mo$171.25$171.25$171.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.08
HOA / mo$0.00$0.00$0.00
Total monthly$3,458.69$5,930.67$6,353.53
Cash to close$477,248$94,490$94,490