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$188,209$188,209$382,500
Remaining term (yrs)28.028.030.0
Secondary amount$0$194,291$0
Funding fee$941$941$0
Note rate6.350%6.350%7.240%
Blended rate6.350%7.188%7.480%
1st payment$1,197.03$1,197.03$2,606.73
2nd payment$0.00$1,295.27$0.00
Taxes / mo$425.00$425.00$425.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$400.00$400.00$400.00
Total monthly$2,172.03$3,467.30$3,658.23
Cash to close$236,791$42,500$42,500