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$216,774$216,774$301,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$84,726$0
Funding fee$1,084$1,084$0
Note rate3.12%3.12%7.24%
Blended rate3.12%4.772%7.48%
1st payment$1,032.50$1,032.50$2,054.72
2nd payment$0.00$635.45$0.00
Taxes / mo$101.75$101.75$101.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,284.25$1,919.70$2,366.77
Cash to close$118,226$33,500$33,500