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$203,477$203,477$440,910
Remaining term (yrs)16.616.630.0
Secondary amount$0$237,433$0
Funding fee$1,017$1,017$0
Note rate3.4%3.4%7.24%
Blended rate3.4%5.743%7.48%
1st payment$1,334.13$1,334.13$3,004.79
2nd payment$0.00$1,533.42$0.00
Taxes / mo$195.50$195.50$195.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$33.00$33.00$33.00
Total monthly$1,729.30$3,262.71$3,488.14
Cash to close$286,423$48,990$48,990