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$96,982$96,982$198,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$101,018$0
Funding fee$485$485$0
Note rate2.870%2.870%7.240%
Blended rate2.870%5.487%7.480%
1st payment$452.34$452.34$1,349.37
2nd payment$0.00$673.45$0.00
Taxes / mo$114.17$114.17$114.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$716.51$1,389.96$1,653.13
Cash to close$123,018$22,000$22,000