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$507,472$507,472$530,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$52,933$0
Funding fee$2,537$2,537$0
Note rate6.500%6.500%7.240%
Blended rate6.500%7.008%7.480%
1st payment$3,349.96$3,349.96$3,618.14
2nd payment$0.00$523.82$0.00
Taxes / mo$158.83$158.83$158.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,675.46$4,199.28$4,049.82
Cash to close$82,428$29,495$58,990