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$64,517$64,517$220,500
Remaining term (yrs)20.420.430.0
Secondary amount$0$155,983$0
Funding fee$323$323$0
Note rate4.150%4.150%7.240%
Blended rate4.150%6.874%7.480%
1st payment$388.88$388.88$1,502.70
2nd payment$0.00$1,039.88$0.00
Taxes / mo$56.50$56.50$56.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$595.38$1,635.27$1,753.30
Cash to close$180,483$24,500$24,500