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$384,573$384,573$400,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$38,082$0
Funding fee$1,923$1,923$0
Note rate6.88%6.88%7.24%
Blended rate6.88%7.33%7.48%
1st payment$2,596.19$2,596.19$2,728.79
2nd payment$0.00$376.85$0.00
Taxes / mo$112.75$112.75$112.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,858.94$3,235.79$3,071.62
Cash to close$60,327$22,245$44,490