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$261,023$261,023$449,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$188,077$0
Funding fee$1,305$1,305$0
Note rate6.930%6.930%7.240%
Blended rate6.930%7.378%7.480%
1st payment$1,734.60$1,734.60$3,060.61
2nd payment$0.00$1,253.85$0.00
Taxes / mo$17.92$17.92$17.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,919.19$3,173.04$3,335.01
Cash to close$237,977$49,900$49,900