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$195,377$195,377$407,610
Remaining term (yrs)24.524.530.0
Secondary amount$0$212,233$0
Funding fee$977$977$0
Note rate3.02%3.02%7.24%
Blended rate3.02%5.483%7.48%
1st payment$939.08$939.08$2,777.85
2nd payment$0.00$1,370.67$0.00
Taxes / mo$198.08$198.08$198.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.52
HOA / mo$50.00$50.00$50.00
Total monthly$1,353.83$2,724.51$3,274.13
Cash to close$257,523$45,290$45,290