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$384,118$384,118$390,600
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,182$0
Funding fee$1,921$1,921$0
Note rate6.270%6.270%7.240%
Blended rate6.270%6.653%7.480%
1st payment$2,473.80$2,473.80$2,661.93
2nd payment$0.00$278.88$0.00
Taxes / mo$257.08$257.08$257.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,880.88$3,159.77$3,147.14
Cash to close$49,882$21,700$43,400