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$187,824$187,824$202,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$25,926$0
Funding fee$939$939$0
Note rate6.890%6.890%7.240%
Blended rate6.890%7.495%7.480%
1st payment$1,255.64$1,255.64$1,380.03
2nd payment$0.00$256.56$0.00
Taxes / mo$168.83$168.83$168.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,574.47$1,831.03$1,739.37
Cash to close$37,176$11,250$22,500