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$264,624$264,624$377,910
Remaining term (yrs)23.323.330.0
Secondary amount$0$113,286$0
Funding fee$1,323$1,323$0
Note rate2.650%2.650%7.240%
Blended rate2.650%4.254%7.480%
1st payment$1,264.95$1,264.95$2,575.45
2nd payment$0.00$755.24$0.00
Taxes / mo$193.75$193.75$193.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$25.00$25.00$25.00
Total monthly$1,633.70$2,388.93$3,019.78
Cash to close$155,276$41,990$41,990