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$266,094$266,094$373,410
Remaining term (yrs)24.224.230.0
Secondary amount$0$107,316$0
Funding fee$1,330$1,330$0
Note rate2.71%2.71%7.24%
Blended rate2.71%4.23%7.48%
1st payment$1,248.55$1,248.55$2,544.78
2nd payment$0.00$715.44$0.00
Taxes / mo$185.92$185.92$185.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.68
HOA / mo$15.00$15.00$15.00
Total monthly$1,599.46$2,314.90$2,970.38
Cash to close$148,806$41,490$41,490