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$271,483$271,483$283,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,767$0
Funding fee$1,357$1,357$0
Note rate6.47%6.47%7.24%
Blended rate6.47%6.972%7.48%
1st payment$1,751.29$1,751.29$1,932.05
2nd payment$0.00$274.78$0.00
Taxes / mo$153.50$153.50$153.50
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$2,054.79$2,329.57$2,292.25
Cash to close$43,517$15,750$31,500