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$157,398$157,398$202,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$45,102$0
Funding fee$787$787$0
Note rate3.100%3.100%7.240%
Blended rate3.100%4.414%7.480%
1st payment$746.42$746.42$1,380.03
2nd payment$0.00$338.26$0.00
Taxes / mo$127.58$127.58$127.58
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$1,024.01$1,362.27$1,698.12
Cash to close$67,602$22,500$22,500