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$239,490$239,490$283,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$44,010$0
Funding fee$1,197$1,197$0
Note rate3.550%3.550%7.240%
Blended rate3.550%4.396%7.480%
1st payment$1,193.11$1,193.11$1,932.05
2nd payment$0.00$330.07$0.00
Taxes / mo$191.67$191.67$191.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,534.77$1,864.85$2,330.41
Cash to close$75,510$31,500$31,500