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$353,218$353,218$359,999
Remaining term (yrs)26.826.830.0
Secondary amount$0$26,781$0
Funding fee$1,766$1,766$0
Note rate6.81%6.81%7.24%
Blended rate6.81%7.167%7.48%
1st payment$2,388.48$2,388.48$2,453.39
2nd payment$0.00$265.02$0.00
Taxes / mo$225.33$225.33$225.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,763.82$3,028.84$2,900.72
Cash to close$46,781$20,000$40,000