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$248,820$248,820$333,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$84,180$0
Funding fee$1,244$1,244$0
Note rate2.87%2.87%7.24%
Blended rate2.87%4.42%7.48%
1st payment$1,160.54$1,160.54$2,269.39
2nd payment$0.00$631.35$0.00
Taxes / mo$166.17$166.17$166.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$35.00$35.00$35.00
Total monthly$1,511.70$2,143.05$2,687.16
Cash to close$121,180$37,000$37,000