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$163,029$163,029$486,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$322,971$0
Funding fee$815$815$0
Note rate6.110%6.110%7.240%
Blended rate6.110%7.200%7.480%
1st payment$994.89$994.89$3,312.08
2nd payment$0.00$2,085.86$0.00
Taxes / mo$189.83$189.83$189.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,351.39$3,437.25$3,765.78
Cash to close$376,971$54,000$54,000