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$204,898$204,898$252,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$47,102$0
Funding fee$1,024$1,024$0
Note rate5.780%5.780%7.240%
Blended rate5.780%6.382%7.480%
1st payment$1,296.62$1,296.62$1,717.38
2nd payment$0.00$353.27$0.00
Taxes / mo$204.42$204.42$204.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,651.04$2,004.31$2,122.19
Cash to close$75,102$28,000$28,000