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$290,252$290,252$527,310
Remaining term (yrs)23.323.330.0
Secondary amount$0$237,058$0
Funding fee$1,451$1,451$0
Note rate3.600%3.600%7.240%
Blended rate3.600%5.466%7.480%
1st payment$1,530.22$1,530.22$3,593.61
2nd payment$0.00$1,531.00$0.00
Taxes / mo$177.92$177.92$177.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,874.81$3,405.80$4,043.65
Cash to close$295,648$58,590$58,590