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$215,316$215,316$274,410
Remaining term (yrs)25.125.130.0
Secondary amount$0$59,094$0
Funding fee$1,077$1,077$0
Note rate2.99%2.99%7.24%
Blended rate2.99%4.284%7.48%
1st payment$1,015.39$1,015.39$1,870.10
2nd payment$0.00$443.21$0.00
Taxes / mo$223.92$223.92$223.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.88
HOA / mo$250.00$250.00$250.00
Total monthly$1,639.31$2,082.51$2,548.90
Cash to close$89,584$30,490$30,490