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$306,411$306,411$337,500
Remaining term (yrs)28.828.830.0
Secondary amount$0$31,089$0
Funding fee$1,532$1,532$0
Note rate6.750%6.750%7.240%
Blended rate6.750%6.957%7.480%
1st payment$2,010.65$2,010.65$2,300.06
2nd payment$0.00$233.17$0.00
Taxes / mo$69.33$69.33$69.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,229.99$2,463.16$2,586.89
Cash to close$68,589$37,500$37,500