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$251,245$251,245$346,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$95,255$0
Funding fee$1,256$1,256$0
Note rate2.880%2.880%7.240%
Blended rate2.880%4.562%7.480%
1st payment$1,203.55$1,203.55$2,361.39
2nd payment$0.00$714.41$0.00
Taxes / mo$184.25$184.25$184.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$38.00$38.00$38.00
Total monthly$1,575.80$2,290.21$2,802.94
Cash to close$133,755$38,500$38,500