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$247,193$247,193$301,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$54,307$0
Funding fee$1,236$1,236$0
Note rate6.730%6.730%7.240%
Blended rate6.730%7.139%7.480%
1st payment$1,666.19$1,666.19$2,054.72
2nd payment$0.00$407.30$0.00
Taxes / mo$182.92$182.92$182.92
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$1,999.10$2,406.40$2,447.93
Cash to close$87,807$33,500$33,500