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$110,160$110,160$304,200
Remaining term (yrs)16.316.330.0
Secondary amount$0$194,040$0
Funding fee$551$551$0
Note rate3.42%3.42%7.24%
Blended rate3.42%6.341%7.48%
1st payment$731.56$731.56$2,073.12
2nd payment$0.00$1,293.60$0.00
Taxes / mo$194.50$194.50$194.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.84
HOA / mo$0.00$0.00$0.00
Total monthly$1,076.06$2,369.65$2,478.46
Cash to close$227,840$33,800$33,800