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$247,337$247,337$261,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$28,163$0
Funding fee$1,237$1,237$0
Note rate6.090%6.090%7.240%
Blended rate6.090%6.681%7.480%
1st payment$1,532.05$1,532.05$1,778.71
2nd payment$0.00$278.70$0.00
Taxes / mo$79.92$79.92$79.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,761.96$2,040.67$2,060.83
Cash to close$42,663$14,500$29,000