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$208,868$208,868$231,210
Remaining term (yrs)25.025.030.0
Secondary amount$0$35,187$0
Funding fee$1,044$1,044$0
Note rate2.86%2.86%7.24%
Blended rate2.86%4.16%7.48%
1st payment$973.11$973.11$1,575.69
2nd payment$0.00$348.20$0.00
Taxes / mo$195.75$195.75$195.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.24
HOA / mo$464.00$464.00$464.00
Total monthly$1,782.86$2,131.07$2,431.68
Cash to close$48,032$12,845$25,690