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$401,477$401,477$409,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$30,773$0
Funding fee$2,007$2,007$0
Note rate6.460%6.460%7.240%
Blended rate6.460%6.846%7.480%
1st payment$2,587.27$2,587.27$2,790.73
2nd payment$0.00$304.52$0.00
Taxes / mo$187.08$187.08$187.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,941.02$3,245.55$3,226.38
Cash to close$53,523$22,750$45,500