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$389,512$389,512$427,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$37,898$0
Funding fee$1,948$1,948$0
Note rate4.42%4.42%7.24%
Blended rate4.42%4.826%7.48%
1st payment$2,120.62$2,120.62$2,912.79
2nd payment$0.00$284.24$0.00
Taxes / mo$192.42$192.42$192.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$38.00$38.00$38.00
Total monthly$2,517.70$2,801.94$3,395.36
Cash to close$85,388$47,490$47,490