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$253,221$253,221$373,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$120,279$0
Funding fee$1,266$1,266$0
Note rate3.050%3.050%7.240%
Blended rate3.050%4.644%7.480%
1st payment$1,221.06$1,221.06$2,545.40
2nd payment$0.00$801.86$0.00
Taxes / mo$186.42$186.42$186.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$60.00$60.00$60.00
Total monthly$1,617.48$2,419.34$3,016.51
Cash to close$161,779$41,500$41,500