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$227,147$227,147$521,654
Remaining term (yrs)24.424.430.0
Secondary amount$0$294,506$0
Funding fee$1,136$1,136$0
Note rate2.810%2.810%7.240%
Blended rate2.810%5.599%7.480%
1st payment$1,069.71$1,069.71$3,555.06
2nd payment$0.00$1,902.02$0.00
Taxes / mo$157.75$157.75$157.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.33
HOA / mo$0.00$0.00$0.00
Total monthly$1,394.12$3,296.14$3,983.81
Cash to close$352,468$57,962$57,962