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$270,976$270,976$308,700
Remaining term (yrs)24.824.830.0
Secondary amount$0$37,724$0
Funding fee$1,355$1,355$0
Note rate2.77%2.77%7.24%
Blended rate2.77%3.531%7.48%
1st payment$1,255.72$1,255.72$2,103.78
2nd payment$0.00$282.93$0.00
Taxes / mo$206.67$206.67$206.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.74
HOA / mo$28.00$28.00$28.00
Total monthly$1,640.39$1,923.32$2,550.19
Cash to close$72,024$34,300$34,300