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$214,011$214,011$332,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$118,089$0
Funding fee$1,070$1,070$0
Note rate2.65%2.65%7.24%
Blended rate2.65%4.552%7.48%
1st payment$992.80$992.80$2,263.26
2nd payment$0.00$787.26$0.00
Taxes / mo$233.17$233.17$233.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,375.97$2,163.23$2,712.84
Cash to close$154,989$36,900$36,900