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$312,398$312,398$404,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$91,702$0
Funding fee$1,562$1,562$0
Note rate3.89%3.89%7.24%
Blended rate3.89%5.05%7.48%
1st payment$1,611.15$1,611.15$2,753.93
2nd payment$0.00$687.77$0.00
Taxes / mo$94.33$94.33$94.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,855.48$2,543.25$3,079.09
Cash to close$136,602$44,900$44,900