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$554,786$554,786$576,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$53,214$0
Funding fee$2,774$2,774$0
Note rate6.820%6.820%7.240%
Blended rate6.820%7.262%7.480%
1st payment$3,723.57$3,723.57$3,925.43
2nd payment$0.00$526.60$0.00
Taxes / mo$152.67$152.67$152.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,042.90$4,569.50$4,359.96
Cash to close$85,214$32,000$64,000