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$368,854$368,854$877,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$508,646$0
Funding fee$1,844$1,844$0
Note rate2.800%2.800%7.240%
Blended rate2.800%5.669%7.480%
1st payment$1,699.32$1,699.32$5,980.15
2nd payment$0.00$3,285.01$0.00
Taxes / mo$314.58$314.58$314.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$24.58$24.58$24.58
Total monthly$2,255.15$5,540.16$6,711.48
Cash to close$606,146$97,500$97,500