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$273,100$273,100$337,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$64,400$0
Funding fee$1,366$1,366$0
Note rate4%4%7.24%
Blended rate4%4.954%7.48%
1st payment$1,425.08$1,425.08$2,300.06
2nd payment$0.00$483.00$0.00
Taxes / mo$68.67$68.67$68.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$115.00$115.00$115.00
Total monthly$1,758.75$2,241.75$2,701.22
Cash to close$101,900$37,500$37,500