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$424,859$424,859$468,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$43,141$0
Funding fee$2,124$2,124$0
Note rate3.85%3.85%7.24%
Blended rate3.85%4.325%7.48%
1st payment$2,177.61$2,177.61$3,189.41
2nd payment$0.00$323.55$0.00
Taxes / mo$218.50$218.50$218.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$45.00$45.00$45.00
Total monthly$2,607.78$2,931.34$3,713.18
Cash to close$95,141$52,000$52,000