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$291,055$291,055$395,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$104,855$0
Funding fee$1,455$1,455$0
Note rate3.17%3.17%7.24%
Blended rate3.17%4.449%7.48%
1st payment$1,421.73$1,421.73$2,698.12
2nd payment$0.00$699.04$0.00
Taxes / mo$263.17$263.17$263.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,834.90$2,533.93$3,190.47
Cash to close$148,845$43,990$43,990