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$249,039$249,039$359,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$110,871$0
Funding fee$1,245$1,245$0
Note rate3.08%3.08%7.24%
Blended rate3.08%4.596%7.48%
1st payment$1,204.78$1,204.78$2,452.78
2nd payment$0.00$739.14$0.00
Taxes / mo$217.83$217.83$217.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$28.00$28.00$28.00
Total monthly$1,600.62$2,339.76$2,920.60
Cash to close$150,861$39,990$39,990