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$157,893$157,893$517,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$359,607$0
Funding fee$789$789$0
Note rate3.550%3.550%7.240%
Blended rate3.550%6.469%7.480%
1st payment$835.90$835.90$3,526.75
2nd payment$0.00$2,322.46$0.00
Taxes / mo$88.67$88.67$88.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,091.24$3,413.70$3,885.59
Cash to close$417,107$57,500$57,500