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$232,899$232,899$270,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$37,101$0
Funding fee$1,164$1,164$0
Note rate3.75%3.75%7.24%
Blended rate3.75%4.471%7.48%
1st payment$1,180.94$1,180.94$1,840.04
2nd payment$0.00$278.26$0.00
Taxes / mo$166.92$166.92$166.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,497.86$1,776.12$2,210.96
Cash to close$67,101$30,000$30,000