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$252,927$252,927$386,999
Remaining term (yrs)22.522.530.0
Secondary amount$0$134,072$0
Funding fee$1,265$1,265$0
Note rate4.280%4.280%7.240%
Blended rate4.280%5.569%7.480%
1st payment$1,457.46$1,457.46$2,637.39
2nd payment$0.00$893.81$0.00
Taxes / mo$136.92$136.92$136.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$96.00$96.00$96.00
Total monthly$1,840.38$2,734.19$3,097.71
Cash to close$177,072$43,000$43,000