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$215,323$215,323$341,550
Remaining term (yrs)23.523.530.0
Secondary amount$0$126,227$0
Funding fee$1,077$1,077$0
Note rate3.360%3.360%7.240%
Blended rate3.360%5.075%7.480%
1st payment$1,102.72$1,102.72$2,327.66
2nd payment$0.00$841.51$0.00
Taxes / mo$235.08$235.08$235.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.31
HOA / mo$0.00$0.00$0.00
Total monthly$1,487.81$2,329.32$2,781.05
Cash to close$164,177$37,950$37,950