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$238,482$238,482$355,410
Remaining term (yrs)20.520.530.0
Secondary amount$0$116,928$0
Funding fee$1,192$1,192$0
Note rate4.1%4.1%7.24%
Blended rate4.1%5.383%7.48%
1st payment$1,431.11$1,431.11$2,422.11
2nd payment$0.00$779.52$0.00
Taxes / mo$290.58$290.58$290.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.08
HOA / mo$25.00$25.00$25.00
Total monthly$1,896.69$2,676.21$2,958.78
Cash to close$156,418$39,490$39,490