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$250,454$250,454$539,100
Remaining term (yrs)20.320.330.0
Secondary amount$0$288,646$0
Funding fee$1,252$1,252$0
Note rate4.170%4.170%7.240%
Blended rate4.170%6.087%7.480%
1st payment$1,520.11$1,520.11$3,673.96
2nd payment$0.00$1,864.17$0.00
Taxes / mo$260.75$260.75$260.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,947.53$3,811.70$4,209.19
Cash to close$348,546$59,900$59,900