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$23,634$23,634$243,720
Remaining term (yrs)7.47.430.0
Secondary amount$0$220,086$0
Funding fee$118$118$0
Note rate5.570%5.570%7.240%
Blended rate5.570%7.539%7.480%
1st payment$321.86$321.86$1,660.95
2nd payment$0.00$1,421.39$0.00
Taxes / mo$164.58$164.58$164.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.74
HOA / mo$0.00$0.00$0.00
Total monthly$636.44$2,057.83$2,024.27
Cash to close$247,166$27,080$27,080