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$419,867$419,867$436,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$40,883$0
Funding fee$2,099$2,099$0
Note rate6.63%6.63%7.24%
Blended rate6.63%7.095%7.48%
1st payment$2,722.09$2,722.09$2,974.74
2nd payment$0.00$404.58$0.00
Taxes / mo$153.75$153.75$153.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,042.50$3,447.08$3,382.46
Cash to close$65,133$24,250$48,500