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$417,970$417,970$877,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$459,530$0
Funding fee$2,090$2,090$0
Note rate2.960%2.960%7.240%
Blended rate2.960%5.468%7.480%
1st payment$1,982.32$1,982.32$5,980.15
2nd payment$0.00$2,967.80$0.00
Taxes / mo$190.00$190.00$190.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,388.99$5,356.79$6,562.31
Cash to close$557,030$97,500$97,500