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$220,660$220,660$242,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$35,745$0
Funding fee$1,103$1,103$0
Note rate3.125%3.125%7.24%
Blended rate3.125%4.345%7.48%
1st payment$1,072.68$1,072.68$1,655.43
2nd payment$0.00$353.72$0.00
Taxes / mo$127.92$127.92$127.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$190.00$190.00$190.00
Total monthly$1,540.59$1,894.32$2,171.93
Cash to close$49,240$13,495$26,990