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$321,408$321,408$328,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,342$0
Funding fee$1,607$1,607$0
Note rate5.51%5.51%7.24%
Blended rate5.51%5.975%7.48%
1st payment$1,943.30$1,943.30$2,238.72
2nd payment$0.00$250.78$0.00
Taxes / mo$208.42$208.42$208.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$30.00$30.00$30.00
Total monthly$2,331.72$2,582.50$2,692.84
Cash to close$43,592$18,250$36,500