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$262,675$262,675$312,750
Remaining term (yrs)26.526.530.0
Secondary amount$0$50,075$0
Funding fee$1,313$1,313$0
Note rate6.090%6.090%7.240%
Blended rate6.090%6.556%7.480%
1st payment$1,664.10$1,664.10$2,131.39
2nd payment$0.00$375.57$0.00
Taxes / mo$36.00$36.00$36.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.55
HOA / mo$0.00$0.00$0.00
Total monthly$1,850.10$2,225.67$2,379.94
Cash to close$84,825$34,750$34,750