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$100,615$100,615$220,500
Remaining term (yrs)22.022.030.0
Secondary amount$0$119,885$0
Funding fee$503$503$0
Note rate2.870%2.870%7.240%
Blended rate2.870%5.659%7.480%
1st payment$513.06$513.06$1,502.70
2nd payment$0.00$799.23$0.00
Taxes / mo$139.92$139.92$139.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$802.98$1,602.21$1,836.72
Cash to close$144,385$24,500$24,500