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$427,302$427,302$584,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$156,798$0
Funding fee$2,137$2,137$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.415%7.48%
1st payment$2,035.18$2,035.18$3,980.63
2nd payment$0.00$1,045.32$0.00
Taxes / mo$71.75$71.75$71.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,273.60$3,318.92$4,335.87
Cash to close$221,698$64,900$64,900