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$344,211$344,211$404,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$59,889$0
Funding fee$1,721$1,721$0
Note rate2.870%2.870%7.240%
Blended rate2.870%3.778%7.480%
1st payment$1,605.45$1,605.45$2,753.93
2nd payment$0.00$449.17$0.00
Taxes / mo$195.92$195.92$195.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$16.67$16.67$16.67
Total monthly$1,968.04$2,417.21$3,197.34
Cash to close$104,789$44,900$44,900