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$225,780$225,780$483,210
Remaining term (yrs)24.624.630.0
Secondary amount$0$257,430$0
Funding fee$1,129$1,129$0
Note rate2.81%2.81%7.24%
Blended rate2.81%5.442%7.48%
1st payment$1,058.27$1,058.27$3,293.07
2nd payment$0.00$1,662.57$0.00
Taxes / mo$126.08$126.08$126.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.64
HOA / mo$12.50$12.50$12.50
Total monthly$1,363.52$3,026.09$3,694.96
Cash to close$311,120$53,690$53,690