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$214,793$214,793$332,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$117,307$0
Funding fee$1,074$1,074$0
Note rate3.69%3.69%7.24%
Blended rate3.69%5.212%7.48%
1st payment$1,147.88$1,147.88$2,263.26
2nd payment$0.00$782.04$0.00
Taxes / mo$245.75$245.75$245.75
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$1,543.63$2,325.67$2,725.43
Cash to close$154,207$36,900$36,900