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$258,784$258,784$283,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$40,466$0
Funding fee$1,294$1,294$0
Note rate6.42%6.42%7.24%
Blended rate6.42%7.158%7.48%
1st payment$1,699.27$1,699.27$1,932.05
2nd payment$0.00$400.45$0.00
Taxes / mo$186.92$186.92$186.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,036.18$2,436.63$2,325.66
Cash to close$56,216$15,750$31,500