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$251,116$251,116$296,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$45,794$0
Funding fee$1,256$1,256$0
Note rate6.88%6.88%7.24%
Blended rate6.88%7.207%7.48%
1st payment$1,696.97$1,696.97$2,023.44
2nd payment$0.00$343.46$0.00
Taxes / mo$144.00$144.00$144.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$35.00$35.00$35.00
Total monthly$2,025.97$2,369.43$2,411.82
Cash to close$78,784$32,990$32,990