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$143,232$143,232$270,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$126,768$0
Funding fee$716$716$0
Note rate2.940%2.940%7.240%
Blended rate2.940%5.316%7.480%
1st payment$679.38$679.38$1,840.04
2nd payment$0.00$845.12$0.00
Taxes / mo$177.50$177.50$177.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,006.88$1,852.00$2,221.54
Cash to close$156,768$30,000$30,000