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$232,925$232,925$422,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$189,175$0
Funding fee$1,165$1,165$0
Note rate3.210%3.210%7.240%
Blended rate3.210%5.357%7.480%
1st payment$1,166.34$1,166.34$2,876.60
2nd payment$0.00$1,261.16$0.00
Taxes / mo$307.00$307.00$307.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,640.01$2,901.17$3,434.69
Cash to close$236,075$46,900$46,900