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$321,539$321,539$395,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$74,371$0
Funding fee$1,608$1,608$0
Note rate2.86%2.86%7.24%
Blended rate2.86%4.013%7.48%
1st payment$1,544.39$1,544.39$2,698.12
2nd payment$0.00$557.78$0.00
Taxes / mo$198.25$198.25$198.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$42.00$42.00$42.00
Total monthly$1,934.64$2,492.43$3,167.55
Cash to close$118,361$43,990$43,990