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$274,803$274,803$517,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$242,697$0
Funding fee$1,374$1,374$0
Note rate2.900%2.900%7.240%
Blended rate2.900%5.175%7.480%
1st payment$1,325.55$1,325.55$3,526.75
2nd payment$0.00$1,567.41$0.00
Taxes / mo$226.42$226.42$226.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$100.00$100.00$100.00
Total monthly$1,818.63$3,386.05$4,123.34
Cash to close$300,197$57,500$57,500