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$314,019$314,019$328,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$32,731$0
Funding fee$1,570$1,570$0
Note rate5.41%5.41%7.24%
Blended rate5.41%6.02%7.48%
1st payment$1,876.97$1,876.97$2,238.72
2nd payment$0.00$323.90$0.00
Taxes / mo$216.08$216.08$216.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,243.05$2,566.95$2,670.50
Cash to close$50,981$18,250$36,500