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$288,565$288,565$386,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$98,345$0
Funding fee$1,443$1,443$0
Note rate5.220%5.220%7.240%
Blended rate5.220%6.181%7.480%
1st payment$1,692.04$1,692.04$2,636.78
2nd payment$0.00$737.58$0.00
Taxes / mo$200.17$200.17$200.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$21.00$21.00$21.00
Total monthly$2,063.21$2,800.79$3,085.33
Cash to close$141,335$42,990$42,990