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$331,257$331,257$481,500
Remaining term (yrs)29.629.630.0
Secondary amount$0$150,243$0
Funding fee$1,656$1,656$0
Note rate6.37%6.37%7.24%
Blended rate6.37%6.879%7.48%
1st payment$2,073.28$2,073.28$3,281.41
2nd payment$0.00$1,001.62$0.00
Taxes / mo$159.25$159.25$159.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,399.20$3,400.82$3,703.63
Cash to close$203,743$53,500$53,500