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$172,794$172,794$584,999
Remaining term (yrs)23.023.030.0
Secondary amount$0$412,206$0
Funding fee$864$864$0
Note rate3.56%3.56%7.24%
Blended rate3.56%6.512%7.48%
1st payment$915.70$915.70$3,986.76
2nd payment$0.00$2,662.16$0.00
Taxes / mo$142.17$142.17$142.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,224.54$3,886.70$4,412.59
Cash to close$477,205$65,000$65,000