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$316,570$316,570$328,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$30,180$0
Funding fee$1,583$1,583$0
Note rate6.280%6.280%7.240%
Blended rate6.280%6.767%7.480%
1st payment$2,038.31$2,038.31$2,238.72
2nd payment$0.00$298.66$0.00
Taxes / mo$144.75$144.75$144.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,333.06$2,631.72$2,599.17
Cash to close$48,430$18,250$36,500