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$268,741$268,741$688,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$419,759$0
Funding fee$1,344$1,344$0
Note rate3.870%3.870%7.240%
Blended rate3.870%6.236%7.480%
1st payment$1,691.82$1,691.82$4,692.11
2nd payment$0.00$2,710.94$0.00
Taxes / mo$266.50$266.50$266.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,174.99$4,885.93$5,312.98
Cash to close$496,259$76,500$76,500