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$49,172$49,172$207,000
Remaining term (yrs)7.27.230.0
Secondary amount$0$157,828$0
Funding fee$246$246$0
Note rate5.6%5.6%7.24%
Blended rate5.6%7.43%7.48%
1st payment$682.62$682.62$1,410.70
2nd payment$0.00$1,052.19$0.00
Taxes / mo$116.58$116.58$116.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$14.58$14.58$14.58
Total monthly$963.78$2,015.97$1,733.26
Cash to close$180,828$23,000$23,000