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$150,364$150,364$427,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$277,136$0
Funding fee$752$752$0
Note rate3.490%3.490%7.240%
Blended rate3.490%6.252%7.480%
1st payment$793.14$793.14$2,913.40
2nd payment$0.00$1,789.84$0.00
Taxes / mo$515.50$515.50$515.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,475.31$3,265.15$3,681.07
Cash to close$324,636$47,500$47,500