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$196,878$196,878$598,410
Remaining term (yrs)19.919.930.0
Secondary amount$0$401,532$0
Funding fee$984$984$0
Note rate3.43%3.43%7.24%
Blended rate3.43%6.329%7.48%
1st payment$1,134.74$1,134.74$4,078.15
2nd payment$0.00$2,593.23$0.00
Taxes / mo$162.33$162.33$162.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,463.74$4,056.97$4,526.84
Cash to close$468,022$66,490$66,490