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$319,831$319,831$495,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$175,169$0
Funding fee$1,599$1,599$0
Note rate6.94%6.94%7.24%
Blended rate6.94%7.315%7.48%
1st payment$2,167.34$2,167.34$3,373.42
2nd payment$0.00$1,167.80$0.00
Taxes / mo$373.25$373.25$373.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,707.25$3,875.05$4,012.33
Cash to close$230,169$55,000$55,000