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$111,401$111,401$337,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$226,099$0
Funding fee$557$557$0
Note rate3.610%3.610%7.240%
Blended rate3.610%6.383%7.480%
1st payment$590.59$590.59$2,300.06
2nd payment$0.00$1,460.23$0.00
Taxes / mo$184.75$184.75$184.75
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$925.34$2,385.56$2,702.31
Cash to close$263,599$37,500$37,500