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$161,560$161,560$324,900
Remaining term (yrs)24.524.530.0
Secondary amount$0$163,340$0
Funding fee$808$808$0
Note rate3.020%3.020%7.240%
Blended rate3.020%5.524%7.480%
1st payment$776.54$776.54$2,214.19
2nd payment$0.00$1,088.93$0.00
Taxes / mo$214.50$214.50$214.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.98
HOA / mo$28.75$28.75$28.75
Total monthly$1,169.79$2,258.73$2,672.42
Cash to close$199,440$36,100$36,100