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$401,636$401,636$422,910
Remaining term (yrs)26.126.130.0
Secondary amount$0$44,769$0
Funding fee$2,008$2,008$0
Note rate6.92%6.92%7.24%
Blended rate6.92%7.417%7.48%
1st payment$2,771.74$2,771.74$2,882.12
2nd payment$0.00$443.02$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$235.00$235.00$235.00
Total monthly$3,444.24$3,887.26$3,639.21
Cash to close$68,264$23,495$46,990