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$197,720$197,720$279,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$81,280$0
Funding fee$989$989$0
Note rate2.970%2.970%7.240%
Blended rate2.970%4.727%7.480%
1st payment$945.22$945.22$1,901.38
2nd payment$0.00$609.60$0.00
Taxes / mo$206.83$206.83$206.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,302.06$1,911.65$2,314.01
Cash to close$112,280$31,000$31,000