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$354,704$354,704$360,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$25,296$0
Funding fee$1,774$1,774$0
Note rate6.350%6.350%7.240%
Blended rate6.350%6.718%7.480%
1st payment$2,302.27$2,302.27$2,453.39
2nd payment$0.00$250.32$0.00
Taxes / mo$119.92$119.92$119.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,572.19$2,822.51$2,795.31
Cash to close$45,296$20,000$40,000