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$579,511$579,511$665,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$86,399$0
Funding fee$2,898$2,898$0
Note rate3.09%3.09%7.24%
Blended rate3.09%3.857%7.48%
1st payment$2,763.12$2,763.12$4,538.16
2nd payment$0.00$647.99$0.00
Taxes / mo$228.17$228.17$228.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,207.95$3,855.95$5,116.18
Cash to close$160,389$73,990$73,990