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$381,027$381,027$561,600
Remaining term (yrs)23.723.730.0
Secondary amount$0$180,573$0
Funding fee$1,905$1,905$0
Note rate3.100%3.100%7.240%
Blended rate3.100%4.676%7.480%
1st payment$1,886.13$1,886.13$3,827.29
2nd payment$0.00$1,203.82$0.00
Taxes / mo$513.17$513.17$513.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.32
HOA / mo$0.00$0.00$0.00
Total monthly$2,565.96$3,769.78$4,619.45
Cash to close$242,973$62,400$62,400