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$405,821$405,821$413,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$31,084$0
Funding fee$2,029$2,029$0
Note rate2.95%2.95%7.24%
Blended rate2.95%3.585%7.48%
1st payment$1,927.00$1,927.00$2,820.79
2nd payment$0.00$307.60$0.00
Taxes / mo$253.08$253.08$253.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,346.75$2,654.35$3,323.32
Cash to close$54,079$22,995$45,990