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$235,776$235,776$247,500
Remaining term (yrs)27.027.030.0
Secondary amount$0$25,474$0
Funding fee$1,179$1,179$0
Note rate7.57%7.57%7.24%
Blended rate7.57%7.99%7.48%
1st payment$1,708.70$1,708.70$1,686.71
2nd payment$0.00$252.09$0.00
Taxes / mo$157.33$157.33$157.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,016.03$2,268.12$2,043.54
Cash to close$39,224$13,750$27,500