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$230,801$230,801$283,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$52,699$0
Funding fee$1,154$1,154$0
Note rate3.13%3.13%7.24%
Blended rate3.13%4.221%7.48%
1st payment$1,122.58$1,122.58$1,932.05
2nd payment$0.00$395.24$0.00
Taxes / mo$188.75$188.75$188.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$27.00$27.00$27.00
Total monthly$1,488.33$1,883.57$2,354.50
Cash to close$84,199$31,500$31,500