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$436,216$436,216$742,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$306,284$0
Funding fee$2,181$2,181$0
Note rate5.51%5.51%7.24%
Blended rate5.51%6.434%7.48%
1st payment$2,637.45$2,637.45$5,060.12
2nd payment$0.00$1,978.08$0.00
Taxes / mo$335.50$335.50$335.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,189.62$5,167.70$5,760.79
Cash to close$388,784$82,500$82,500