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$295,074$295,074$322,110
Remaining term (yrs)26.526.530.0
Secondary amount$0$27,036$0
Funding fee$1,475$1,475$0
Note rate6.420%6.420%7.240%
Blended rate6.420%6.637%7.480%
1st payment$1,930.59$1,930.59$2,195.17
2nd payment$0.00$202.77$0.00
Taxes / mo$117.25$117.25$117.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.42
HOA / mo$10.83$10.83$10.83
Total monthly$2,208.67$2,411.44$2,537.68
Cash to close$62,826$35,790$35,790