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$238,350$238,350$305,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$67,560$0
Funding fee$1,192$1,192$0
Note rate6.95%6.95%7.24%
Blended rate6.95%7.403%7.48%
1st payment$1,615.15$1,615.15$2,084.77
2nd payment$0.00$506.70$0.00
Taxes / mo$85.58$85.58$85.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,850.74$2,357.44$2,381.54
Cash to close$101,550$33,990$33,990