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$163,937$163,937$359,100
Remaining term (yrs)21.221.230.0
Secondary amount$0$195,163$0
Funding fee$820$820$0
Note rate2.5%2.5%7.24%
Blended rate2.5%5.489%7.48%
1st payment$829.36$829.36$2,447.26
2nd payment$0.00$1,301.09$0.00
Taxes / mo$214.08$214.08$214.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,193.44$2,494.53$2,883.16
Cash to close$235,063$39,900$39,900