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$235,698$235,698$283,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$47,802$0
Funding fee$1,178$1,178$0
Note rate3.11%3.11%7.24%
Blended rate3.11%4.103%7.48%
1st payment$1,126.29$1,126.29$1,932.05
2nd payment$0.00$358.51$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,431.20$1,789.71$2,293.66
Cash to close$79,302$31,500$31,500