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$341,860$341,860$414,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$72,140$0
Funding fee$1,709$1,709$0
Note rate6.630%6.630%7.240%
Blended rate6.630%7.043%7.480%
1st payment$2,224.95$2,224.95$2,821.40
2nd payment$0.00$541.05$0.00
Taxes / mo$164.08$164.08$164.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,555.70$3,096.75$3,234.95
Cash to close$118,140$46,000$46,000