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$185,920$185,920$261,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$75,080$0
Funding fee$930$930$0
Note rate7.040%7.040%7.240%
Blended rate7.040%7.604%7.480%
1st payment$1,262.50$1,262.50$1,778.71
2nd payment$0.00$563.10$0.00
Taxes / mo$44.42$44.42$44.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,456.92$2,020.02$2,025.33
Cash to close$104,080$29,000$29,000