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$264,972$264,972$397,350
Remaining term (yrs)25.525.530.0
Secondary amount$0$132,378$0
Funding fee$1,325$1,325$0
Note rate5.1%5.1%7.24%
Blended rate5.1%6.066%7.48%
1st payment$1,546.86$1,546.86$2,707.93
2nd payment$0.00$882.52$0.00
Taxes / mo$165.50$165.50$165.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.47
HOA / mo$0.00$0.00$0.00
Total monthly$1,862.36$2,744.88$3,102.90
Cash to close$176,528$44,150$44,150