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$296,481$296,481$314,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$35,069$0
Funding fee$1,482$1,482$0
Note rate6.200%6.200%7.240%
Blended rate6.200%6.800%7.480%
1st payment$1,861.29$1,861.29$2,140.59
2nd payment$0.00$347.03$0.00
Taxes / mo$69.75$69.75$69.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,081.04$2,428.08$2,423.16
Cash to close$52,519$17,450$34,900