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$316,735$316,735$341,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$25,175$0
Funding fee$1,584$1,584$0
Note rate6.350%6.350%7.240%
Blended rate6.350%6.545%7.480%
1st payment$2,053.38$2,053.38$2,330.11
2nd payment$0.00$188.81$0.00
Taxes / mo$71.00$71.00$71.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,274.38$2,463.19$2,619.49
Cash to close$63,165$37,990$37,990