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$293,131$293,131$391,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$98,369$0
Funding fee$1,466$1,466$0
Note rate3.020%3.020%7.240%
Blended rate3.020%4.523%7.480%
1st payment$1,412.18$1,412.18$2,668.07
2nd payment$0.00$737.77$0.00
Taxes / mo$189.92$189.92$189.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$300.00$300.00$300.00
Total monthly$2,052.09$2,789.86$3,386.28
Cash to close$141,869$43,500$43,500