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$263,474$263,474$314,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$50,626$0
Funding fee$1,317$1,317$0
Note rate3.040%3.040%7.240%
Blended rate3.040%4.001%7.480%
1st payment$1,263.39$1,263.39$2,140.59
2nd payment$0.00$379.69$0.00
Taxes / mo$420.50$420.50$420.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$126.00$126.00$126.00
Total monthly$1,959.89$2,339.58$2,899.91
Cash to close$85,526$34,900$34,900