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$313,794$313,794$342,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$28,206$0
Funding fee$1,569$1,569$0
Note rate3.1%3.1%7.24%
Blended rate3.1%3.587%7.48%
1st payment$1,494.56$1,494.56$2,330.72
2nd payment$0.00$211.54$0.00
Taxes / mo$151.33$151.33$151.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$70.00$70.00$70.00
Total monthly$1,865.89$2,077.43$2,770.46
Cash to close$66,206$38,000$38,000