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$136,684$136,684$562,410
Remaining term (yrs)15.715.730.0
Secondary amount$0$425,726$0
Funding fee$683$683$0
Note rate3.8%3.8%7.24%
Blended rate3.8%6.79%7.48%
1st payment$962.18$962.18$3,832.81
2nd payment$0.00$2,749.48$0.00
Taxes / mo$83.83$83.83$83.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,212.68$3,962.16$4,195.80
Cash to close$488,216$62,490$62,490