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$191,721$191,721$279,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$87,279$0
Funding fee$959$959$0
Note rate3.22%3.22%7.24%
Blended rate3.22%5.028%7.48%
1st payment$921.32$921.32$1,901.38
2nd payment$0.00$654.59$0.00
Taxes / mo$123.17$123.17$123.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,194.48$1,849.08$2,230.35
Cash to close$118,279$31,000$31,000