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$231,922$231,922$269,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$37,178$0
Funding fee$1,160$1,160$0
Note rate4.75%4.75%7.24%
Blended rate4.75%5.337%7.48%
1st payment$1,281.43$1,281.43$1,833.91
2nd payment$0.00$278.84$0.00
Taxes / mo$224.58$224.58$224.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,656.01$1,934.85$2,262.31
Cash to close$67,078$29,900$29,900