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$270,614$270,614$337,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$66,886$0
Funding fee$1,353$1,353$0
Note rate3.02%3.02%7.24%
Blended rate3.02%4.205%7.48%
1st payment$1,303.70$1,303.70$2,300.06
2nd payment$0.00$501.64$0.00
Taxes / mo$205.58$205.58$205.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,659.28$2,160.93$2,723.14
Cash to close$104,386$37,500$37,500