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$221,116$221,116$477,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$255,884$0
Funding fee$1,106$1,106$0
Note rate6.69%6.69%7.24%
Blended rate6.69%7.259%7.48%
1st payment$1,468.51$1,468.51$3,250.75
2nd payment$0.00$1,652.58$0.00
Taxes / mo$99.00$99.00$99.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,734.18$3,386.76$3,611.81
Cash to close$308,884$53,000$53,000