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$401,099$401,099$405,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$26,401$0
Funding fee$2,005$2,005$0
Note rate6.78%6.78%7.24%
Blended rate6.78%7.095%7.48%
1st payment$2,707.44$2,707.44$2,760.07
2nd payment$0.00$261.26$0.00
Taxes / mo$246.67$246.67$246.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,104.11$3,365.37$3,237.73
Cash to close$48,901$22,500$45,000