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$211,243$211,243$291,420
Remaining term (yrs)24.624.630.0
Secondary amount$0$80,177$0
Funding fee$1,056$1,056$0
Note rate2.97%2.97%7.24%
Blended rate2.97%4.629%7.48%
1st payment$1,007.55$1,007.55$1,986.02
2nd payment$0.00$601.33$0.00
Taxes / mo$84.58$84.58$84.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.28
HOA / mo$10.00$10.00$10.00
Total monthly$1,252.13$1,853.47$2,288.89
Cash to close$112,557$32,380$32,380