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$317,641$317,641$377,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$60,269$0
Funding fee$1,588$1,588$0
Note rate6.5%6.5%7.24%
Blended rate6.5%6.899%7.48%
1st payment$2,022.62$2,022.62$2,575.45
2nd payment$0.00$452.01$0.00
Taxes / mo$214.75$214.75$214.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,387.37$2,839.38$3,015.78
Cash to close$102,259$41,990$41,990