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$205,580$205,580$306,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$100,420$0
Funding fee$1,028$1,028$0
Note rate3.720%3.720%7.240%
Blended rate3.720%5.125%7.480%
1st payment$1,099.46$1,099.46$2,085.38
2nd payment$0.00$669.47$0.00
Taxes / mo$210.67$210.67$210.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,460.13$2,129.60$2,507.25
Cash to close$134,420$34,000$34,000