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$538,523$538,523$571,410
Remaining term (yrs)26.426.430.0
Secondary amount$0$32,887$0
Funding fee$2,693$2,693$0
Note rate6.120%6.120%7.240%
Blended rate6.120%6.286%7.480%
1st payment$3,426.05$3,426.05$3,894.15
2nd payment$0.00$246.65$0.00
Taxes / mo$370.00$370.00$370.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.28
HOA / mo$8.33$8.33$8.33
Total monthly$3,971.05$4,217.70$4,553.43
Cash to close$96,377$63,490$63,490