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$226,736$226,736$422,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$195,364$0
Funding fee$1,134$1,134$0
Note rate3.47%3.47%7.24%
Blended rate3.47%5.567%7.48%
1st payment$1,171.65$1,171.65$2,876.60
2nd payment$0.00$1,302.43$0.00
Taxes / mo$131.33$131.33$131.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$25.00$25.00$25.00
Total monthly$1,494.65$2,797.08$3,284.02
Cash to close$242,264$46,900$46,900