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$217,176$217,176$400,500
Remaining term (yrs)28.728.730.0
Secondary amount$0$183,324$0
Funding fee$1,086$1,086$0
Note rate6.63%6.63%7.24%
Blended rate6.63%7.257%7.48%
1st payment$1,409.35$1,409.35$2,729.40
2nd payment$0.00$1,222.16$0.00
Taxes / mo$232.00$232.00$232.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,791.35$3,013.51$3,191.50
Cash to close$227,824$44,500$44,500