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$232,056$232,056$292,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$60,354$0
Funding fee$1,160$1,160$0
Note rate3.450%3.450%7.240%
Blended rate3.450%4.596%7.480%
1st payment$1,143.59$1,143.59$1,992.77
2nd payment$0.00$452.65$0.00
Taxes / mo$61.92$61.92$61.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,355.50$1,808.15$2,263.17
Cash to close$92,844$32,490$32,490