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$247,670$247,670$310,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$62,830$0
Funding fee$1,238$1,238$0
Note rate3.73%3.73%7.24%
Blended rate3.73%4.796%7.48%
1st payment$1,325.89$1,325.89$2,116.05
2nd payment$0.00$471.23$0.00
Taxes / mo$250.75$250.75$250.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$474.00$474.00$474.00
Total monthly$2,200.64$2,671.87$3,052.90
Cash to close$97,330$34,500$34,500