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$243,597$243,597$374,265
Remaining term (yrs)24.624.630.0
Secondary amount$0$130,668$0
Funding fee$1,218$1,218$0
Note rate3.17%3.17%7.24%
Blended rate3.17%4.856%7.48%
1st payment$1,187.26$1,187.26$2,550.61
2nd payment$0.00$871.12$0.00
Taxes / mo$91.00$91.00$91.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.85
HOA / mo$0.00$0.00$0.00
Total monthly$1,428.26$2,299.38$2,866.46
Cash to close$172,253$41,585$41,585