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$320,622$320,622$463,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$142,878$0
Funding fee$1,603$1,603$0
Note rate2.88%2.88%7.24%
Blended rate2.88%4.458%7.48%
1st payment$1,539.57$1,539.57$3,158.74
2nd payment$0.00$952.52$0.00
Taxes / mo$220.67$220.67$220.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$44.00$44.00$44.00
Total monthly$1,970.90$2,923.42$3,682.78
Cash to close$194,378$51,500$51,500