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$236,405$236,405$440,370
Remaining term (yrs)24.824.830.0
Secondary amount$0$203,965$0
Funding fee$1,182$1,182$0
Note rate2.98%2.98%7.24%
Blended rate2.98%5.189%7.48%
1st payment$1,121.12$1,121.12$3,001.11
2nd payment$0.00$1,317.27$0.00
Taxes / mo$240.58$240.58$240.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.07
HOA / mo$8.33$8.33$8.33
Total monthly$1,536.70$2,853.98$3,504.77
Cash to close$252,895$48,930$48,930