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$282,423$282,423$295,200
Remaining term (yrs)28.828.830.0
Secondary amount$0$29,177$0
Funding fee$1,412$1,412$0
Note rate6.72%6.72%7.24%
Blended rate6.72%7.203%7.48%
1st payment$1,847.68$1,847.68$2,011.78
2nd payment$0.00$288.73$0.00
Taxes / mo$180.75$180.75$180.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.04
HOA / mo$0.00$0.00$0.00
Total monthly$2,178.43$2,467.16$2,401.57
Cash to close$45,577$16,400$32,800