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$422,192$422,192$472,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$50,308$0
Funding fee$2,111$2,111$0
Note rate7.180%7.180%7.240%
Blended rate7.180%7.374%7.480%
1st payment$2,953.62$2,953.62$3,220.08
2nd payment$0.00$377.31$0.00
Taxes / mo$105.58$105.58$105.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,225.87$3,603.18$3,586.83
Cash to close$102,808$52,500$52,500