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$248,295$248,295$503,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$254,805$0
Funding fee$1,241$1,241$0
Note rate2.790%2.790%7.240%
Blended rate2.790%5.302%7.480%
1st payment$1,169.53$1,169.53$3,428.62
2nd payment$0.00$1,645.62$0.00
Taxes / mo$512.50$512.50$512.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,848.70$3,494.32$4,208.40
Cash to close$310,705$55,900$55,900