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$260,130$260,130$271,890
Remaining term (yrs)28.228.230.0
Secondary amount$0$26,865$0
Funding fee$1,301$1,301$0
Note rate6.69%6.69%7.24%
Blended rate6.69%7.175%7.48%
1st payment$1,708.23$1,708.23$1,852.93
2nd payment$0.00$265.85$0.00
Taxes / mo$160.17$160.17$160.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,018.40$2,284.25$2,217.47
Cash to close$41,970$15,105$30,210