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$501,027$501,027$733,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$232,473$0
Funding fee$2,505$2,505$0
Note rate6.630%6.630%7.240%
Blended rate6.630%6.985%7.480%
1st payment$3,260.87$3,260.87$4,998.79
2nd payment$0.00$1,501.39$0.00
Taxes / mo$435.25$435.25$435.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$146.70
HOA / mo$106.00$106.00$106.00
Total monthly$4,018.78$5,520.17$5,903.41
Cash to close$313,973$81,500$81,500