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$88,248$88,248$238,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$150,252$0
Funding fee$441$441$0
Note rate2.86%2.86%7.24%
Blended rate2.86%6.098%7.48%
1st payment$410.22$410.22$1,625.37
2nd payment$0.00$1,001.68$0.00
Taxes / mo$27.92$27.92$27.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$588.13$1,589.81$1,850.99
Cash to close$176,752$26,500$26,500