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$191,822$191,822$523,800
Remaining term (yrs)23.823.830.0
Secondary amount$0$331,978$0
Funding fee$959$959$0
Note rate3.070%3.070%7.240%
Blended rate3.070%6.036%7.480%
1st payment$944.32$944.32$3,569.69
2nd payment$0.00$2,144.02$0.00
Taxes / mo$289.08$289.08$289.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.76
HOA / mo$50.00$50.00$50.00
Total monthly$1,450.07$3,594.09$4,180.20
Cash to close$390,178$58,200$58,200