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$85,131$85,131$207,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$121,869$0
Funding fee$426$426$0
Note rate2.800%2.800%7.240%
Blended rate2.800%5.861%7.480%
1st payment$395.81$395.81$1,410.70
2nd payment$0.00$812.46$0.00
Taxes / mo$119.17$119.17$119.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$664.98$1,477.44$1,721.27
Cash to close$144,869$23,000$23,000