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$213,638$213,638$301,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$87,862$0
Funding fee$1,068$1,068$0
Note rate3.68%3.68%7.24%
Blended rate3.68%5.23%7.48%
1st payment$1,110.87$1,110.87$2,054.72
2nd payment$0.00$658.97$0.00
Taxes / mo$136.92$136.92$136.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,397.79$2,056.75$2,401.93
Cash to close$121,362$33,500$33,500