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$39,620$39,620$248,400
Remaining term (yrs)18.818.830.0
Secondary amount$0$208,780$0
Funding fee$198$198$0
Note rate4.09%4.09%7.24%
Blended rate4.09%7.166%7.48%
1st payment$250.96$250.96$1,692.84
2nd payment$0.00$1,348.37$0.00
Taxes / mo$183.08$183.08$183.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.68
HOA / mo$0.00$0.00$0.00
Total monthly$584.04$1,932.41$2,075.60
Cash to close$236,380$27,600$27,600