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$217,731$217,731$270,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$52,269$0
Funding fee$1,089$1,089$0
Note rate4.8%4.8%7.24%
Blended rate4.8%5.613%7.48%
1st payment$1,179.32$1,179.32$1,840.04
2nd payment$0.00$392.02$0.00
Taxes / mo$167.67$167.67$167.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,496.98$1,889.00$2,211.71
Cash to close$82,269$30,000$30,000