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$208,698$208,698$351,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$142,302$0
Funding fee$1,043$1,043$0
Note rate3.690%3.690%7.240%
Blended rate3.690%5.437%7.480%
1st payment$1,115.30$1,115.30$2,392.06
2nd payment$0.00$948.68$0.00
Taxes / mo$254.83$254.83$254.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,520.14$2,468.82$2,867.09
Cash to close$181,302$39,000$39,000