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$638,580$638,580$639,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$35,920$0
Funding fee$3,193$3,193$0
Note rate6.78%6.78%7.24%
Blended rate6.78%7.051%7.48%
1st payment$4,251.99$4,251.99$4,354.77
2nd payment$0.00$355.45$0.00
Taxes / mo$176.75$176.75$176.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$0.00$0.00$0.00
Total monthly$4,645.41$5,000.86$4,875.99
Cash to close$71,420$35,500$71,000