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$603,113$603,113$598,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$28,637$0
Funding fee$3,016$3,016$0
Note rate5.000%5.000%7.240%
Blended rate5.000%5.312%7.480%
1st payment$3,474.31$3,474.31$4,078.77
2nd payment$0.00$283.38$0.00
Taxes / mo$234.33$234.33$234.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,875.31$4,158.69$4,599.47
Cash to close$61,887$33,250$66,500