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$167,489$167,489$508,500
Remaining term (yrs)18.618.630.0
Secondary amount$0$341,011$0
Funding fee$837$837$0
Note rate3.700%3.700%7.240%
Blended rate3.700%6.416%7.480%
1st payment$1,036.53$1,036.53$3,465.42
2nd payment$0.00$2,202.36$0.00
Taxes / mo$86.83$86.83$86.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,290.03$3,492.39$3,820.62
Cash to close$397,511$56,500$56,500