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$236,201$236,201$562,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$326,299$0
Funding fee$1,181$1,181$0
Note rate2.870%2.870%7.240%
Blended rate2.870%5.701%7.480%
1st payment$1,106.71$1,106.71$3,833.43
2nd payment$0.00$2,107.35$0.00
Taxes / mo$110.17$110.17$110.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,383.55$3,490.89$4,222.76
Cash to close$388,799$62,500$62,500