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$261,160$261,160$306,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$44,840$0
Funding fee$1,306$1,306$0
Note rate3.22%3.22%7.24%
Blended rate3.22%4.067%7.48%
1st payment$1,257.68$1,257.68$2,085.38
2nd payment$0.00$336.30$0.00
Taxes / mo$214.33$214.33$214.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,622.01$1,958.31$2,510.92
Cash to close$78,840$34,000$34,000