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$114,782$114,782$337,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$222,718$0
Funding fee$574$574$0
Note rate6.81%6.81%7.24%
Blended rate6.81%7.43%7.48%
1st payment$783.11$783.11$2,300.06
2nd payment$0.00$1,438.39$0.00
Taxes / mo$184.17$184.17$184.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,117.28$2,555.66$2,701.72
Cash to close$260,218$37,500$37,500