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$246,098$246,098$386,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$140,002$0
Funding fee$1,230$1,230$0
Note rate3.090%3.090%7.240%
Blended rate3.090%4.870%7.480%
1st payment$1,170.84$1,170.84$2,631.26
2nd payment$0.00$933.35$0.00
Taxes / mo$118.08$118.08$118.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,438.92$2,372.27$2,976.57
Cash to close$182,902$42,900$42,900