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$321,070$321,070$328,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$25,680$0
Funding fee$1,605$1,605$0
Note rate6.09%6.09%7.24%
Blended rate6.09%6.518%7.48%
1st payment$1,990.99$1,990.99$2,238.72
2nd payment$0.00$254.13$0.00
Taxes / mo$103.33$103.33$103.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,244.33$2,498.45$2,557.75
Cash to close$43,930$18,250$36,500