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$19,372$19,372$413,910
Remaining term (yrs)1.31.330.0
Secondary amount$0$394,538$0
Funding fee$97$97$0
Note rate6.94%6.94%7.24%
Blended rate6.94%7.712%7.48%
1st payment$1,199.78$1,199.78$2,820.79
2nd payment$0.00$2,548.05$0.00
Taxes / mo$264.50$264.50$264.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$15.00$15.00$15.00
Total monthly$1,645.95$4,194.00$3,349.74
Cash to close$440,528$45,990$45,990