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$351,035$351,035$486,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$134,965$0
Funding fee$1,755$1,755$0
Note rate6.36%6.36%7.24%
Blended rate6.36%6.815%7.48%
1st payment$2,291.73$2,291.73$3,312.08
2nd payment$0.00$899.77$0.00
Taxes / mo$212.42$212.42$212.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$70.00$70.00$70.00
Total monthly$2,740.82$3,640.59$3,858.36
Cash to close$188,965$54,000$54,000