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$439,791$439,791$450,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$35,209$0
Funding fee$2,199$2,199$0
Note rate5.1%5.1%7.24%
Blended rate5.1%5.602%7.48%
1st payment$2,559.36$2,559.36$3,066.74
2nd payment$0.00$348.42$0.00
Taxes / mo$226.50$226.50$226.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$62.00$62.00$62.00
Total monthly$3,014.52$3,362.94$3,611.91
Cash to close$60,209$25,000$50,000