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$225,055$225,055$247,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$36,195$0
Funding fee$1,125$1,125$0
Note rate6.65%6.65%7.24%
Blended rate6.65%7.374%7.48%
1st payment$1,466.25$1,466.25$1,686.71
2nd payment$0.00$358.18$0.00
Taxes / mo$125.00$125.00$125.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$140.00$140.00$140.00
Total monthly$1,881.25$2,239.43$2,151.21
Cash to close$49,945$13,750$27,500