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$189,075$189,075$234,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$44,925$0
Funding fee$945$945$0
Note rate2.660%2.660%7.240%
Blended rate2.660%3.877%7.480%
1st payment$878.08$878.08$1,594.71
2nd payment$0.00$336.94$0.00
Taxes / mo$125.33$125.33$125.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$230.00$230.00$230.00
Total monthly$1,383.42$1,720.35$2,146.84
Cash to close$70,925$26,000$26,000