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$267,549$267,549$308,250
Remaining term (yrs)25.225.230.0
Secondary amount$0$40,701$0
Funding fee$1,338$1,338$0
Note rate3.110%3.110%7.240%
Blended rate3.110%3.888%7.480%
1st payment$1,275.70$1,275.70$2,100.72
2nd payment$0.00$305.26$0.00
Taxes / mo$105.17$105.17$105.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.65
HOA / mo$165.00$165.00$165.00
Total monthly$1,695.87$2,001.13$2,582.53
Cash to close$74,951$34,250$34,250