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$255,727$255,727$422,010
Remaining term (yrs)25.325.330.0
Secondary amount$0$166,283$0
Funding fee$1,279$1,279$0
Note rate3.100%3.100%7.240%
Blended rate3.100%5.031%7.480%
1st payment$1,212.73$1,212.73$2,875.99
2nd payment$0.00$1,108.55$0.00
Taxes / mo$321.50$321.50$321.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,700.89$2,809.45$3,448.56
Cash to close$213,173$46,890$46,890