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$227,924$227,924$292,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$64,576$0
Funding fee$1,140$1,140$0
Note rate3.18%3.18%7.24%
Blended rate3.18%4.465%7.48%
1st payment$1,112.06$1,112.06$1,993.38
2nd payment$0.00$484.32$0.00
Taxes / mo$185.17$185.17$185.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,447.23$1,931.55$2,387.05
Cash to close$97,076$32,500$32,500