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$592,222$592,222$800,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$208,688$0
Funding fee$2,961$2,961$0
Note rate3.010%3.010%7.240%
Blended rate3.010%4.245%7.480%
1st payment$2,798.98$2,798.98$5,458.19
2nd payment$0.00$1,347.77$0.00
Taxes / mo$193.00$193.00$193.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$160.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,208.65$4,556.42$6,028.04
Cash to close$297,678$88,990$88,990