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$53,062$53,062$283,410
Remaining term (yrs)6.26.230.0
Secondary amount$0$230,348$0
Funding fee$265$265$0
Note rate3.11%3.11%7.24%
Blended rate3.11%6.881%7.48%
1st payment$779.39$779.39$1,931.43
2nd payment$0.00$1,487.67$0.00
Taxes / mo$132.00$132.00$132.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,061.39$2,549.06$2,270.12
Cash to close$261,838$31,490$31,490