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$223,634$223,634$377,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$153,466$0
Funding fee$1,118$1,118$0
Note rate6.850%6.850%7.240%
Blended rate6.850%7.318%7.480%
1st payment$1,489.14$1,489.14$2,569.93
2nd payment$0.00$1,023.11$0.00
Taxes / mo$171.00$171.00$171.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,810.14$2,833.25$2,966.35
Cash to close$195,366$41,900$41,900