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$290,700$290,700$521,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$231,210$0
Funding fee$1,454$1,454$0
Note rate2.81%2.81%7.24%
Blended rate2.81%4.998%7.48%
1st payment$1,369.00$1,369.00$3,556.81
2nd payment$0.00$1,493.23$0.00
Taxes / mo$239.75$239.75$239.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.38
HOA / mo$340.00$340.00$340.00
Total monthly$2,115.42$3,608.65$4,407.61
Cash to close$289,200$57,990$57,990