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$268,322$268,322$301,499
Remaining term (yrs)25.225.230.0
Secondary amount$0$33,177$0
Funding fee$1,342$1,342$0
Note rate2.98%2.98%7.24%
Blended rate2.98%3.642%7.48%
1st payment$1,261.16$1,261.16$2,054.71
2nd payment$0.00$248.83$0.00
Taxes / mo$215.58$215.58$215.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$37.00$37.00$37.00
Total monthly$1,663.74$1,912.57$2,517.59
Cash to close$66,677$33,500$33,500