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$178,467$178,467$314,955
Remaining term (yrs)20.020.030.0
Secondary amount$0$136,488$0
Funding fee$892$892$0
Note rate3.5%3.5%7.24%
Blended rate3.5%5.45%7.48%
1st payment$1,032.07$1,032.07$2,146.41
2nd payment$0.00$909.92$0.00
Taxes / mo$253.17$253.17$253.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,435.24$2,345.16$2,612.57
Cash to close$171,483$34,995$34,995