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$288,744$288,744$359,999
Remaining term (yrs)27.527.530.0
Secondary amount$0$71,256$0
Funding fee$1,444$1,444$0
Note rate6.820%6.820%7.240%
Blended rate6.820%7.251%7.480%
1st payment$1,937.97$1,937.97$2,453.39
2nd payment$0.00$534.42$0.00
Taxes / mo$161.92$161.92$161.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,249.88$2,784.30$2,837.30
Cash to close$111,255$40,000$40,000