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$207,527$207,527$292,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$84,973$0
Funding fee$1,038$1,038$0
Note rate3.45%3.45%7.24%
Blended rate3.45%5.062%7.48%
1st payment$1,075.11$1,075.11$1,993.38
2nd payment$0.00$637.30$0.00
Taxes / mo$205.33$205.33$205.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$30.00$30.00$30.00
Total monthly$1,460.44$2,097.74$2,437.22
Cash to close$117,473$32,500$32,500