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$193,022$193,022$376,200
Remaining term (yrs)24.524.530.0
Secondary amount$0$183,178$0
Funding fee$965$965$0
Note rate3.180%3.180%7.240%
Blended rate3.180%5.527%7.480%
1st payment$943.88$943.88$2,563.80
2nd payment$0.00$1,221.18$0.00
Taxes / mo$185.75$185.75$185.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.24
HOA / mo$30.00$30.00$30.00
Total monthly$1,309.63$2,530.81$3,004.79
Cash to close$224,978$41,800$41,800