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$221,287$221,287$350,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$128,813$0
Funding fee$1,106$1,106$0
Note rate2.93%2.93%7.24%
Blended rate2.93%4.795%7.48%
1st payment$1,070.81$1,070.81$2,385.92
2nd payment$0.00$858.76$0.00
Taxes / mo$232.50$232.50$232.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$35.00$35.00$35.00
Total monthly$1,488.31$2,347.07$2,873.44
Cash to close$167,713$38,900$38,900