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$360,345$360,345$539,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$179,565$0
Funding fee$1,802$1,802$0
Note rate3.090%3.090%7.240%
Blended rate3.090%4.723%7.480%
1st payment$1,745.13$1,745.13$3,679.48
2nd payment$0.00$1,197.10$0.00
Taxes / mo$29,175.00$29,175.00$29,175.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$31,086.80$32,283.90$33,129.13
Cash to close$239,555$59,990$59,990