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$305,773$305,773$337,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$31,727$0
Funding fee$1,529$1,529$0
Note rate6.26%6.26%7.24%
Blended rate6.26%6.518%7.48%
1st payment$1,905.06$1,905.06$2,300.06
2nd payment$0.00$237.95$0.00
Taxes / mo$213.75$213.75$213.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$10.00$10.00$10.00
Total monthly$2,278.81$2,516.76$2,741.31
Cash to close$69,227$37,500$37,500