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$397,093$397,093$414,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$39,907$0
Funding fee$1,985$1,985$0
Note rate5.090%5.090%7.240%
Blended rate5.090%5.710%7.480%
1st payment$2,304.93$2,304.93$2,821.40
2nd payment$0.00$394.91$0.00
Taxes / mo$184.83$184.83$184.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,656.43$3,051.34$3,255.70
Cash to close$62,907$23,000$46,000