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$221,187$221,187$251,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$30,723$0
Funding fee$1,106$1,106$0
Note rate2.86%2.86%7.24%
Blended rate2.86%3.609%7.48%
1st payment$1,035.23$1,035.23$1,716.76
2nd payment$0.00$230.42$0.00
Taxes / mo$120.83$120.83$120.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,306.06$1,536.48$2,037.98
Cash to close$58,713$27,990$27,990