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$403,951$403,951$837,000
Remaining term (yrs)29.529.530.0
Secondary amount$0$433,049$0
Funding fee$2,020$2,020$0
Note rate5.980%5.980%7.240%
Blended rate5.980%6.896%7.480%
1st payment$2,428.96$2,428.96$5,704.14
2nd payment$0.00$2,796.77$0.00
Taxes / mo$164.25$164.25$164.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$167.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,809.87$5,606.65$6,252.46
Cash to close$526,049$93,000$93,000