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$219,927$219,927$264,600
Remaining term (yrs)24.824.830.0
Secondary amount$0$44,673$0
Funding fee$1,100$1,100$0
Note rate2.770%2.770%7.240%
Blended rate2.770%3.822%7.480%
1st payment$1,019.16$1,019.16$1,803.24
2nd payment$0.00$335.05$0.00
Taxes / mo$176.33$176.33$176.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.92
HOA / mo$30.00$30.00$30.00
Total monthly$1,375.49$1,710.54$2,212.50
Cash to close$74,073$29,400$29,400