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$218,298$218,298$238,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$33,452$0
Funding fee$1,091$1,091$0
Note rate2.88%2.88%7.24%
Blended rate2.88%4.075%7.48%
1st payment$1,019.30$1,019.30$1,625.37
2nd payment$0.00$331.04$0.00
Taxes / mo$181.08$181.08$181.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,350.38$1,681.42$2,004.16
Cash to close$46,702$13,250$26,500