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$213,724$213,724$242,550
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,826$0
Funding fee$1,069$1,069$0
Note rate3.550%3.550%7.240%
Blended rate3.550%4.198%7.480%
1st payment$1,062.60$1,062.60$1,652.97
2nd payment$0.00$216.19$0.00
Taxes / mo$118.58$118.58$118.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.51
HOA / mo$0.00$0.00$0.00
Total monthly$1,331.19$1,547.38$1,970.07
Cash to close$55,776$26,950$26,950