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$263,389$263,389$449,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$186,610$0
Funding fee$1,317$1,317$0
Note rate3.01%3.01%7.24%
Blended rate3.01%5.079%7.48%
1st payment$1,288.46$1,288.46$3,066.74
2nd payment$0.00$1,244.07$0.00
Taxes / mo$202.83$202.83$202.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$60.00$60.00$60.00
Total monthly$1,717.96$2,962.03$3,586.24
Cash to close$236,610$50,000$50,000