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$302,768$302,768$314,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$29,637$0
Funding fee$1,514$1,514$0
Note rate6.58%6.58%7.24%
Blended rate6.58%7.052%7.48%
1st payment$2,021.19$2,021.19$2,146.11
2nd payment$0.00$293.28$0.00
Taxes / mo$141.92$141.92$141.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,313.11$2,606.39$2,501.00
Cash to close$47,132$17,495$34,990