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$222,720$222,720$269,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$46,380$0
Funding fee$1,114$1,114$0
Note rate3.69%3.69%7.24%
Blended rate3.69%4.605%7.48%
1st payment$1,128.70$1,128.70$1,833.91
2nd payment$0.00$347.85$0.00
Taxes / mo$148.58$148.58$148.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,427.28$1,775.14$2,186.31
Cash to close$76,280$29,900$29,900