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$232,210$232,210$312,300
Remaining term (yrs)25.825.830.0
Secondary amount$0$80,090$0
Funding fee$1,161$1,161$0
Note rate5.510%5.510%7.240%
Blended rate5.510%6.405%7.480%
1st payment$1,403.99$1,403.99$2,128.32
2nd payment$0.00$600.68$0.00
Taxes / mo$140.08$140.08$140.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,694.07$2,294.75$2,480.86
Cash to close$114,790$34,700$34,700