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$242,560$242,560$517,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$274,850$0
Funding fee$1,213$1,213$0
Note rate3.260%3.260%7.240%
Blended rate3.260%5.645%7.480%
1st payment$1,226.62$1,226.62$3,526.14
2nd payment$0.00$1,775.07$0.00
Taxes / mo$135.33$135.33$135.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,528.62$3,303.69$3,931.62
Cash to close$332,340$57,490$57,490