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$77,193$77,193$166,500
Remaining term (yrs)15.515.530.0
Secondary amount$0$89,307$0
Funding fee$386$386$0
Note rate2.500%2.500%7.240%
Blended rate2.500%5.986%7.480%
1st payment$498.84$498.84$1,134.69
2nd payment$0.00$669.81$0.00
Taxes / mo$155.25$155.25$155.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$804.09$1,473.89$1,473.24
Cash to close$107,807$18,500$18,500