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$171,579$171,579$189,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$27,921$0
Funding fee$858$858$0
Note rate6.94%6.94%7.24%
Blended rate6.94%7.631%7.48%
1st payment$1,166.20$1,166.20$1,288.03
2nd payment$0.00$276.30$0.00
Taxes / mo$19.50$19.50$19.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,335.70$1,612.00$1,495.33
Cash to close$38,421$10,500$21,000