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$266,831$266,831$402,299
Remaining term (yrs)24.924.930.0
Secondary amount$0$135,468$0
Funding fee$1,334$1,334$0
Note rate2.860%2.860%7.240%
Blended rate2.860%4.591%7.480%
1st payment$1,243.16$1,243.16$2,741.66
2nd payment$0.00$903.12$0.00
Taxes / mo$100.50$100.50$100.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.46
HOA / mo$85.00$85.00$85.00
Total monthly$1,578.66$2,481.78$3,157.62
Cash to close$180,168$44,700$44,700