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$222,715$222,715$351,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$128,285$0
Funding fee$1,114$1,114$0
Note rate6.73%6.73%7.24%
Blended rate6.73%7.194%7.48%
1st payment$1,502.89$1,502.89$2,392.06
2nd payment$0.00$855.23$0.00
Taxes / mo$237.00$237.00$237.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$35.00$35.00$35.00
Total monthly$1,924.89$2,780.13$2,884.26
Cash to close$167,285$39,000$39,000