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$337,489$337,489$409,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$72,011$0
Funding fee$1,687$1,687$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.138%7.48%
1st payment$1,607.41$1,607.41$2,790.73
2nd payment$0.00$540.08$0.00
Taxes / mo$194.50$194.50$194.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$40.00$40.00$40.00
Total monthly$2,008.58$2,548.66$3,273.80
Cash to close$117,511$45,500$45,500