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$212,282$212,282$256,950
Remaining term (yrs)26.126.130.0
Secondary amount$0$44,668$0
Funding fee$1,061$1,061$0
Note rate7.08%7.08%7.24%
Blended rate7.08%7.414%7.48%
1st payment$1,486.93$1,486.93$1,751.11
2nd payment$0.00$335.01$0.00
Taxes / mo$35.25$35.25$35.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.39
HOA / mo$0.00$0.00$0.00
Total monthly$1,672.18$2,007.19$1,987.75
Cash to close$73,218$28,550$28,550