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$288,026$288,026$306,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$34,974$0
Funding fee$1,440$1,440$0
Note rate6.390%6.390%7.240%
Blended rate6.390%6.984%7.480%
1st payment$1,874.55$1,874.55$2,085.38
2nd payment$0.00$346.09$0.00
Taxes / mo$106.83$106.83$106.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,131.39$2,477.48$2,403.42
Cash to close$51,974$17,000$34,000