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$255,227$255,227$269,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$29,678$0
Funding fee$1,276$1,276$0
Note rate5.780%5.780%7.240%
Blended rate5.780%6.415%7.480%
1st payment$1,587.21$1,587.21$1,839.43
2nd payment$0.00$293.69$0.00
Taxes / mo$158.42$158.42$158.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,895.62$2,189.31$2,201.83
Cash to close$44,673$14,995$29,990