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$478,149$478,149$607,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$129,351$0
Funding fee$2,391$2,391$0
Note rate2.810%2.810%7.240%
Blended rate2.810%3.915%7.480%
1st payment$2,251.76$2,251.76$4,140.10
2nd payment$0.00$862.34$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,876.76$3,739.09$4,886.60
Cash to close$196,851$67,500$67,500