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$312,526$312,526$719,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$407,384$0
Funding fee$1,563$1,563$0
Note rate2.25%2.25%7.24%
Blended rate2.25%5.362%7.48%
1st payment$1,359.65$1,359.65$4,906.17
2nd payment$0.00$2,631.02$0.00
Taxes / mo$214.08$214.08$214.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$143.98
HOA / mo$150.00$150.00$150.00
Total monthly$1,940.40$4,571.42$5,630.91
Cash to close$487,374$79,990$79,990