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$248,719$248,719$269,955
Remaining term (yrs)26.326.330.0
Secondary amount$0$36,234$0
Funding fee$1,244$1,244$0
Note rate6.130%6.130%7.240%
Blended rate6.130%6.861%7.480%
1st payment$1,585.89$1,585.89$1,839.74
2nd payment$0.00$358.56$0.00
Taxes / mo$173.58$173.58$173.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,909.47$2,268.03$2,217.31
Cash to close$51,231$14,998$29,995