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$213,959$213,959$427,410
Remaining term (yrs)23.523.530.0
Secondary amount$0$213,451$0
Funding fee$1,070$1,070$0
Note rate3.500%3.500%7.240%
Blended rate3.500%5.622%7.480%
1st payment$1,111.55$1,111.55$2,912.79
2nd payment$0.00$1,378.54$0.00
Taxes / mo$210.50$210.50$210.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,488.71$2,867.25$3,375.44
Cash to close$260,941$47,490$47,490