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$397,364$397,364$422,910
Remaining term (yrs)26.126.130.0
Secondary amount$0$25,546$0
Funding fee$1,987$1,987$0
Note rate7.08%7.08%7.24%
Blended rate7.08%7.196%7.48%
1st payment$2,783.34$2,783.34$2,882.12
2nd payment$0.00$191.59$0.00
Taxes / mo$168.00$168.00$168.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$3,118.00$3,309.60$3,301.37
Cash to close$72,536$46,990$46,990