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$302,240$302,240$315,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$30,260$0
Funding fee$1,511$1,511$0
Note rate6.810%6.810%7.240%
Blended rate6.810%7.271%7.480%
1st payment$2,062.06$2,062.06$2,146.72
2nd payment$0.00$299.45$0.00
Taxes / mo$79.42$79.42$79.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$330.00$330.00$330.00
Total monthly$2,621.48$2,920.93$2,769.14
Cash to close$47,760$17,500$35,000