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$282,224$282,224$301,500
Remaining term (yrs)28.728.730.0
Secondary amount$0$36,026$0
Funding fee$1,411$1,411$0
Note rate6.58%6.58%7.24%
Blended rate6.58%7.179%7.48%
1st payment$1,822.26$1,822.26$2,054.72
2nd payment$0.00$356.50$0.00
Taxes / mo$180.42$180.42$180.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,152.68$2,509.18$2,445.43
Cash to close$52,776$16,750$33,500