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$207,504$207,504$287,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$80,406$0
Funding fee$1,038$1,038$0
Note rate2.8%2.8%7.24%
Blended rate2.8%4.532%7.48%
1st payment$964.78$964.78$1,962.10
2nd payment$0.00$603.05$0.00
Taxes / mo$173.50$173.50$173.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$45.00$45.00$45.00
Total monthly$1,333.28$1,936.33$2,388.18
Cash to close$112,396$31,990$31,990