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$83,463$83,463$198,000
Remaining term (yrs)20.520.530.0
Secondary amount$0$114,537$0
Funding fee$417$417$0
Note rate4.21%4.21%7.24%
Blended rate4.21%6.402%7.48%
1st payment$505.76$505.76$1,349.37
2nd payment$0.00$763.58$0.00
Taxes / mo$140.92$140.92$140.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$796.67$1,560.25$1,679.88
Cash to close$136,537$22,000$22,000