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$249,960$249,960$539,100
Remaining term (yrs)21.521.530.0
Secondary amount$0$289,140$0
Funding fee$1,250$1,250$0
Note rate3.050%3.050%7.240%
Blended rate3.050%5.571%7.480%
1st payment$1,318.54$1,318.54$3,673.96
2nd payment$0.00$1,867.36$0.00
Taxes / mo$252.75$252.75$252.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$5.00$5.00$5.00
Total monthly$1,742.95$3,610.32$4,206.19
Cash to close$349,040$59,900$59,900