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$216,954$216,954$553,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$336,546$0
Funding fee$1,085$1,085$0
Note rate3.000%3.000%7.240%
Blended rate3.000%5.888%7.480%
1st payment$1,249.53$1,249.53$3,772.09
2nd payment$0.00$2,173.52$0.00
Taxes / mo$126.00$126.00$126.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,542.20$3,715.72$4,175.46
Cash to close$398,046$61,500$61,500