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$224,619$224,619$287,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$62,481$0
Funding fee$1,123$1,123$0
Note rate2.810%2.810%7.240%
Blended rate2.810%4.157%7.480%
1st payment$1,055.31$1,055.31$1,956.58
2nd payment$0.00$468.61$0.00
Taxes / mo$175.42$175.42$175.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$125.00$125.00$125.00
Total monthly$1,505.73$1,974.33$2,464.42
Cash to close$94,381$31,900$31,900