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$157,023$157,023$305,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$148,887$0
Funding fee$785$785$0
Note rate3.710%3.710%7.240%
Blended rate3.710%5.798%7.480%
1st payment$941.04$941.04$2,084.77
2nd payment$0.00$992.58$0.00
Taxes / mo$225.75$225.75$225.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$35.00$35.00$35.00
Total monthly$1,351.79$2,344.37$2,556.70
Cash to close$182,877$33,990$33,990