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$397,587$397,587$404,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$28,963$0
Funding fee$1,988$1,988$0
Note rate6.73%6.73%7.24%
Blended rate6.73%7.079%7.48%
1st payment$2,634.39$2,634.39$2,753.93
2nd payment$0.00$286.61$0.00
Taxes / mo$62.50$62.50$62.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,846.89$3,133.50$3,047.25
Cash to close$51,413$22,450$44,900