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$352,170$352,170$612,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$259,830$0
Funding fee$1,761$1,761$0
Note rate6.72%6.72%7.24%
Blended rate6.72%7.157%7.48%
1st payment$2,324.14$2,324.14$4,170.77
2nd payment$0.00$1,678.07$0.00
Taxes / mo$95.08$95.08$95.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,585.89$4,263.95$4,554.92
Cash to close$327,830$68,000$68,000