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$102,901$102,901$301,500
Remaining term (yrs)16.316.330.0
Secondary amount$0$198,599$0
Funding fee$515$515$0
Note rate2.500%2.500%7.240%
Blended rate2.500%6.123%7.480%
1st payment$640.01$640.01$2,054.72
2nd payment$0.00$1,323.99$0.00
Taxes / mo$224.75$224.75$224.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,014.76$2,338.75$2,489.77
Cash to close$232,099$33,500$33,500