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$215,995$215,995$278,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$62,105$0
Funding fee$1,080$1,080$0
Note rate2.730%2.730%7.240%
Blended rate2.730%4.130%7.480%
1st payment$1,005.96$1,005.96$1,895.25
2nd payment$0.00$465.79$0.00
Taxes / mo$175.58$175.58$175.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$40.00$40.00$40.00
Total monthly$1,371.54$1,837.33$2,316.45
Cash to close$93,005$30,900$30,900