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$290,945$290,945$517,410
Remaining term (yrs)22.322.330.0
Secondary amount$0$226,465$0
Funding fee$1,455$1,455$0
Note rate2.77%2.77%7.24%
Blended rate2.77%4.95%7.48%
1st payment$1,453.12$1,453.12$3,526.14
2nd payment$0.00$1,462.59$0.00
Taxes / mo$258.42$258.42$258.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,878.20$3,340.79$4,054.70
Cash to close$283,955$57,490$57,490