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$262,250$262,250$539,999
Remaining term (yrs)23.523.530.0
Secondary amount$0$277,749$0
Funding fee$1,311$1,311$0
Note rate3.450%3.450%7.240%
Blended rate3.450%5.662%7.480%
1st payment$1,355.49$1,355.49$3,680.08
2nd payment$0.00$1,793.80$0.00
Taxes / mo$194.42$194.42$194.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,716.57$3,510.37$4,149.17
Cash to close$337,749$60,000$60,000