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$176,645$176,645$832,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$655,855$0
Funding fee$883$883$0
Note rate2.520%2.520%7.240%
Blended rate2.520%6.640%7.480%
1st payment$784.90$784.90$5,673.47
2nd payment$0.00$4,235.73$0.00
Taxes / mo$148.50$148.50$148.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$3.75$3.75$3.75
Total monthly$1,153.81$5,389.54$6,208.89
Cash to close$748,355$92,500$92,500