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$167,508$167,508$274,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$106,992$0
Funding fee$838$838$0
Note rate3.47%3.47%7.24%
Blended rate3.47%5.236%7.48%
1st payment$869.56$869.56$1,870.71
2nd payment$0.00$713.28$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$75.00$75.00$75.00
Total monthly$1,272.39$1,985.67$2,328.45
Cash to close$137,492$30,500$30,500