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$222,829$222,829$305,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$83,081$0
Funding fee$1,114$1,114$0
Note rate2.800%2.800%7.240%
Blended rate2.800%4.484%7.480%
1st payment$1,026.58$1,026.58$2,084.77
2nd payment$0.00$623.11$0.00
Taxes / mo$137.17$137.17$137.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,313.75$1,936.85$2,433.12
Cash to close$117,071$33,990$33,990