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$368,246$368,246$449,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$81,664$0
Funding fee$1,841$1,841$0
Note rate3.1%3.1%7.24%
Blended rate3.1%4.171%7.48%
1st payment$1,750.10$1,750.10$3,066.13
2nd payment$0.00$612.48$0.00
Taxes / mo$227.75$227.75$227.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,144.52$2,757.00$3,550.53
Cash to close$131,654$49,990$49,990