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$198,333$198,333$270,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$71,667$0
Funding fee$992$992$0
Note rate6.9%6.9%7.24%
Blended rate6.9%7.457%7.48%
1st payment$1,364.62$1,364.62$1,840.04
2nd payment$0.00$537.51$0.00
Taxes / mo$243.42$243.42$243.42
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$1,758.04$2,295.54$2,287.46
Cash to close$101,667$30,000$30,000