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$216,380$216,380$508,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$292,120$0
Funding fee$1,082$1,082$0
Note rate3.75%3.75%7.24%
Blended rate3.75%6.048%7.48%
1st payment$1,165.93$1,165.93$3,465.42
2nd payment$0.00$1,886.61$0.00
Taxes / mo$269.67$269.67$269.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$38.33$38.33$38.33
Total monthly$1,640.59$3,527.20$4,041.78
Cash to close$348,620$56,500$56,500