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$230,253$230,253$404,636
Remaining term (yrs)23.323.330.0
Secondary amount$0$174,383$0
Funding fee$1,151$1,151$0
Note rate3.600%3.600%7.240%
Blended rate3.600%5.496%7.480%
1st payment$1,213.90$1,213.90$2,757.58
2nd payment$0.00$1,162.55$0.00
Taxes / mo$249.67$249.67$249.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.93
HOA / mo$75.00$75.00$75.00
Total monthly$1,688.57$2,851.12$3,313.18
Cash to close$219,342$44,960$44,960