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$559,472$559,472$566,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$38,933$0
Funding fee$2,797$2,797$0
Note rate6.9%6.9%7.24%
Blended rate6.9%7.224%7.48%
1st payment$3,819.88$3,819.88$3,863.48
2nd payment$0.00$385.27$0.00
Taxes / mo$349.00$349.00$349.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.38
HOA / mo$0.00$0.00$0.00
Total monthly$4,335.55$4,720.82$4,492.53
Cash to close$70,428$31,495$62,990