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$298,591$298,591$692,910
Remaining term (yrs)20.520.530.0
Secondary amount$0$394,319$0
Funding fee$1,493$1,493$0
Note rate4.060%4.060%7.240%
Blended rate4.060%6.160%7.480%
1st payment$1,785.46$1,785.46$4,722.17
2nd payment$0.00$2,546.64$0.00
Taxes / mo$257.08$257.08$257.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.58
HOA / mo$63.00$63.00$63.00
Total monthly$2,322.21$4,868.86$5,397.50
Cash to close$471,309$76,990$76,990