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$283,886$283,886$303,300
Remaining term (yrs)25.525.530.0
Secondary amount$0$36,264$0
Funding fee$1,419$1,419$0
Note rate4.67%4.67%7.24%
Blended rate4.67%5.486%7.48%
1st payment$1,586.17$1,586.17$2,066.98
2nd payment$0.00$358.86$0.00
Taxes / mo$194.25$194.25$194.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,930.42$2,289.28$2,471.89
Cash to close$53,114$16,850$33,700