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$143,116$143,116$252,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$108,884$0
Funding fee$716$716$0
Note rate2.81%2.81%7.24%
Blended rate2.81%5.052%7.48%
1st payment$673.98$673.98$1,717.38
2nd payment$0.00$725.89$0.00
Taxes / mo$204.00$204.00$204.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$240.00$240.00$240.00
Total monthly$1,267.98$1,993.87$2,361.78
Cash to close$136,884$28,000$28,000